why net profit will be added to the balance sheet? is there
any reason?
- 10 Answers
- 18492 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / ankit pathak
Net profit is added to the balance sheet on the liability
side because profit is the liability of the firm which they
have to pay out to the capital investors or the
shareholders for their contribution towards the firm.Hence
it is shown on the capital+liability side of the
balancesheet.
| Is This Answer Correct ? | 17 Yes | 3 No |
Post New Answer View All Answers
Expand-------NAST
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
What is the use of final account?
my qustion is what is H foam and where use
what type of questions are asking for fund administration???
Expand----------MTSC
which kind of expenses or Income will come under direct expenses or Income ?
Short Answer on _______Appropriation
KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)
Queries for Big4 Articleship : Whether son of CA in practice effects chances.
what is the meaning of Processing Vendor/Employee payments
Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque
How can you actualize cah flows of 5 years at 8%
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?
What was the most chlleging task you face while working in SAP FI/MM and how did you solve?
