Interested to Buy Any Domain ? << Click Here >> for more details...
If net profit is a profit why does it appear on the
liability side of the balance sheet
- 4 Answers
- 11235 Views
- Gopaljee, Hewitt, I also Faced
- E-Mail Answers
Answer Posted / moti
because capital is treated as liablities in accounts and
the treatment of net loss or profit is either substracted
or added in capital for knowing the increment of capital
or decrement of capital.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?
What do mean by Computerization of accounts
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
where is suspense entry is entered in tally erp9
why are you selecting for the profitbulity analysis costing based& active based
Short Answer on _____________Intangible Assets
how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?
with out college degree con't we dc accounting job?
Hi guys, If anyone have gone through the CAPITAL IQ-Junior Research Associate interview then plz let me know about its pattern..and if anyone hav its placement papers or any other information then plz post to me at arshadbasha_mba@rediffmail.com
Short Answer on ______Transaction
Expand------------STRA
what is debit/credit note ? what deffered income and expencess?
euro currency market
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
hi to all i have also cleared sbi exam and my interview is on 26th may 2009.can any one help to prepare for interview
