Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Why do balance sheet always have same total of Assets and
liabilities..??? pls ans dis...my id is
business.ankita@gmail.com

Answer Posted / ashish kumar tiwari

Due to Accounting Principle and second thing is We are
working with double entry system as per accounting
stadared,Dr & Cr is equal.

Is This Answer Correct ?    29 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how we could adj. the entries of prop. & firm in merging time

1908


can any one send me payables real time scenarious or any projects

2095


A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c

2048


What do you know about hyd? Tell something about hyd?

2251


What is money measurement concept

2117


Meaning of portfolio management?

2060


What is the Accounts Payable & Accounts Receivable ?

2193


what you mean by cross dunning

2219


Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1882


HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

1960


what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.

2393


If income and expense both are equal then what it depicts

1920


Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.

3409


Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.

1367


Who is the maker of the promissory note

1978