Interested to Buy Any Domain ? << Click Here >> for more details...
can a real account shows a credit balance
- 3 Answers
- 17568 Views
- Airtel, Bajaj, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / satyaki_raju@yahoo.com
It is possible. No doubt real account shows debit balance
always. But sale of asset exceeds the value showed in the
Balance Sheet it will result in credit balance It will be
transfered to profit and loss as profit thru sale of asset
| Is This Answer Correct ? | 26 Yes | 4 No |
Answer / ankit trivedi
never. real a/c is basically an asset a/c. As the value of
an always has a debit balance and it can never turn to
negetive. For eg. we can't have negative cash balance.Real
a/c can never have a credit balance.
| Is This Answer Correct ? | 11 Yes | 9 No |
Answer / anshul
real ac is basically a permanent ac which only consists of long term assets and we know that the assets can never have a negative value their value can be depriciated but can never be zero therefore it always has a debit balance
| Is This Answer Correct ? | 4 Yes | 3 No |
EXPAND_________SFIO
Answered but misspelled pl correct ARE THE BUSINESS PERFORMANCE OF TRADING ACTIVITIES (ANS.SSTTANRACION)
How do you identify the amount of realised gain or loss on the disposal of an investment asset?
how to create the trading a/c, profit & loss a/c & Balance sheet & What do u mean by bank reconcilation
garner 1903 on partnership ruling and type of ruling
Company A is having operating cycle of 15days...b is having operating cycle of 10 days which company is having better position
can u let me know how the bankers calculate interest on O.D.account
how to calculate BEP in this problem? Sales Rs.3,00,000 Fixed Exp. Rs. 75,000 Direct Material.Rs.1,00,000 Direct Labour Rs.60,000 Direct exp. RSs.40,000
EXPAND_________SCM
Expand-------NAST
Expand---------TMG
You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.
Audit 
