why are capital account shown in liabilities side what is
meaning of capital account in balance sheet
Answers were Sorted based on User's Feedback
Answer / aditya k shrivastava ,indore
As per accounting principal bussiness and business man both
are have saprete entity.A business man start his business
with capital(cash,material or other thing. this capital is
a as loan(laibility) for a business.so capital is shown
laibilities side in B/s
| Is This Answer Correct ? | 35 Yes | 2 No |
Answer / savithri
When we startup business we have to open a a/c in bank
like OD, OCC or we have to deposit amt from our personal
a/c. bank OD R OCC is shortterm loan or longterm loan. All
bank term loan coming under liabilities a/c. so it is in
liabilities side of b/s.
| Is This Answer Correct ? | 3 Yes | 12 No |
What is Quick Book ?
I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.
is accounting a science or an art?
is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me
how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..
Is Entry Tax is applicable on consumable goods purchased Against C Form @ CST 2%
What are Accounting Standards
calculate the closing stock: if opening stock- rs.2327620 , purchase -23519280, direct expenses-1335225, sale:- 24884412, direct income :-286371
Dismissed the watchman after paying him Rs.200 towards his salary.? state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
EXPAND___________NAA
Expand---------EDBC
What is EBITDA