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...

Profit is a Liability or asset?

Answer Posted / talha.zafar

profit is neither an asset nor liability its an increase in
owners equity due to the profitable operation of business

Is This Answer Correct ?    2 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are Basel norms in context of Banking?

992


For exanple If i transfer money from ICICI to SBI, where is suspense account created? Explain the money transfer process?

2498


What are kiosks? These days' banks have come up with different kiosks. Name them.

1262


Compare convertible & non-convertible debentures.

921


Critically examine the importance and methodology of case study. What are its merits and limitations?

1916


Do you think Activity Diagram is important and how?

1023


differentiate between revenue deficit and fiscal deficit?

1124


How can social media be used for marketing?

1011


Explain what is actuarial report?

1053


What are the obligations and elements of IRDA?

1077


How technology is improved in banking?

1022


What Was The Comprehensive Assessment?

1069


What is Balance of Trade? What is Balanced Trade?

984


Define IPC.

1365


What is the capital adequacy ratio?

1156