Answer / kumar

Because, in double entry systme each debit will have
credit, at the same time each credit will have debit.
Balance sheet is a result of these entries. So, it should
always tally.

Answer / kasthuri

Every asset we are purchasing, there must be some source.
Sources are therefore equal to funds used.
The asset purchased is from some or othere source,nothing
but capital.
Therefore assets are equal to liabilitiess.
It's just like expenses are equal to incomes, ofcourse
without savings.

Answer / pavanraj.d

According to accounting principles assets = capital +
Liabilities. Hence the balance sheet should tally as the
liabilities and capital will be recorded in left-hand side
and assets will be right hand side.

fill in the Blanks Most of the business men are using the _________system of accounts

1 Answers  

---

what is Calculation of Depreciation for 4 to 5 Years?

0 Answers   EDS,

---

whts is the meaning of over cost and under cost, what is difference ?

0 Answers  

---

Expand---------PDBC

1 Answers  

---

what is reconsilation@

5 Answers   ADP, Infosys, Xchanging,

---

What is Deffered Tax?

11 Answers   Ashoka Distillers and Chemicals, Capital IQ,

---

How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?

0 Answers  

---

Hi., I have cleared my test on monday, i have operation round on thursday.. So, Can anyone send me all the related interview Questions??..Please help me out.. Email ID: raghuraj_18@yahoo.com Phone :9739867486

15 Answers   Amazon, AVL, BACS, Cognizant, Epicenter, Genpact, HGS, Infosys, Knoah, Mphasis, Prosper Overseas, Wipro, WNS,

---

Expand-------ACDR

1 Answers  

---

what r financial derivatives

1 Answers   Cognizant,

---

what is ADVANCE,DECLINE ratio. also explain how it helps the investor to predict the stock market movements?

3 Answers   UBS,

---

what is vlsm?

3 Answers   Cisco,

---