Answer / darvesi

Balance sheet is the financial statement prepared at the
end of the period.which discloses financial position of the
company on that event. it provides all details of soures
from which the compant acquired and used. So that
balansheet should match all assest equal to Liabilities

Answer / ravindra

Balance sheet describes financial position of a company
it is the final statement which describes the assets amount
&liabilities amount should be matched

what is the basic difference between accounting and financing?

12 Answers   Bajaj, Mafoi,

---

How to increase our credit rating score quickly?

0 Answers  

---

Expand ------NACo

1 Answers  

---

We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?

0 Answers   Capital IQ,

---

What is Hot Issue Income for Hedge Funds?

0 Answers   ABC,

---

one question dr mean debit cr mean credit but cr full form credit but dr full form debit that mean debit not word dr what the answer

9 Answers   ABC, CMS,

---

How can a shopkeeper maintain the daily data in tally

0 Answers   Telco,

---

Why Copyrights,patents,goodwill etc.etc. falls under real account and not nominal or personal account? I know anything which affect trading & Profit & Loss accounts are nominal accounts.And the above do not affect the Trading or P/L accounts but on the other hand they are intangible and neither can they fall under real accounts as Real accounts are those that are not personal and they are tangible. Again in another way if we see, Patents, Copyright ,Goodwill etc. etc. kindoff acts as a representative of a person or a company like in the same way as a Bank or Company name,so they can they not fall under Personal Account??

1 Answers  

---

What are direct income and indirect income

0 Answers   Telco,

---

What steps to be taken at the time of implementation of Oracle ERP and please give the chart of accounts and links to be given

2 Answers   Aster Teleservices,

---

why net profit is added to balance sheet, is there any reason

3 Answers  

---

WHAT IS PERSONAL ACCOUNT

39 Answers  

---