rajesh kumar


{ City }
< Country > india
* Profession *
User No # 45724
Total Questions Posted # 0
Total Answers Posted # 1

Total Answers Posted for My Questions # 0
Total Views for My Questions # 0

Users Marked my Answers as Correct # 2
Users Marked my Answers as Wrong # 1
Questions / { rajesh kumar }
Questions Answers Category Views Company eMail




Answers / { rajesh kumar }

Question { 15685 }

capital is a assets but its shows in liability side. why?


Answer

In my view, the business is different from individual, and
as the capital is introduced from out side so there arises
the liability for its redemption/pay back on business
closure. Although, the same capital is reflected in form of
Fixed Assets and other asset items.

Is This Answer Correct ?    2 Yes 1 No