where we posted capital ac in sole trader balance sheet and
why?
- 2 Answers
- 5212 Views
- Wipro, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / a.madhu sudhan rao
Capital Account is posted in Liabilities of Balance Sheet
We Treat Sole Trader and Business Different
When we are doing accounts we have to do accounts in
Business Point of view not for SOle Trader
When we are receiving amount from SOle Trader we treat it
as Liability.
In Business Point of View We are taking Loan from Sole
Trader.
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / r.k.singhal
Capital a/c posted in the liabilities side of balance sheet
because it is a liability of the busines.
| Is This Answer Correct ? | 0 Yes | 0 No |
If a professional Musician hired for one time for Rs. 5000/-, is it compulsary to deduct the TDs from that amount?
What is mean by Journalising ?
13 Answers Capital IQ, Su Kam,
PLEASE SEND ME WHAT IS ENTRY OF CHEQUE DISHOUNER
My Question regarding owners drawings. case1; If owner paid some expenses from his own pocket and later that amount added to his salary then what adjustment entries will needed.
What is Asset& Liabilities? What is depreciation And define methods. what is BRS and when we can use . Explain Acconting concepts & principles. General entry for paybles. What is dividend?
Expand---------PCDB
Expand---------PRTS
Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it
What is Operating cost? Please explain by an example?
What I will be done in this case I deduct tds excess than the actuai amount?
what is the benifit of deprecation in the case of provision of depre.
Expand ------DPM
Audit 
