What is Debt and What is Equity?
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Answer / raghavendra
debt means debentur holder and its creditor of the company
equity means share holder and real owner of the company
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / sohail hariyani
debt is a liability
and
equity is ownership
Debt defines the state of owing something (especially
money); "he is badly in debt"
money or goods or services owed by one person to another
an obligation to pay or do something
Equity defines the difference between the market value of a
property and the claims held against it
the ownership interest of shareholders in a corporation
fairness: conformity with rules or standards; "the judge
recognized the fairness of my claim"
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / shiva krishna g
Debt defines the state of owing something (especially
money); "he is badly in debt"
money or goods or services owed by one person to another
an obligation to pay or do something
Equity defines the difference between the market value of a
property and the claims held against it
the ownership interest of shareholders in a corporation
fairness: conformity with rules or standards; "the judge
recognized the fairness of my claim"
| Is This Answer Correct ? | 3 Yes | 2 No |
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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
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