why share capital shown in liability side of a balance sheet
Answer Posted / waqar hussain
becase share capital is the amount which is invested by
general public for the purpose of earning profit so it is
the part of equity and are shown in liablity side of the
balance sheet because Assets= liability and owner,s equity.
| Is This Answer Correct ? | 31 Yes | 3 No |
Post New Answer View All Answers
How can we display last five years sales in tally
Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question
how many types of practice accounts?
Expand---------PED
what is undisclosed profit? explain
distinquish between liquidity ratio and asset management ratio
Debit Note & Credit Note?
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
I need all WNS interview questions
What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?
How does the ration analysis help in depicting profit and loss
Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not
define accounting,scope of account , types of account ?
what type of questions are asking for fund administration???
IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT