can a real account shows a credit balance
Answer Posted / satyaki_raju@yahoo.com
It is possible. No doubt real account shows debit balance
always. But sale of asset exceeds the value showed in the
Balance Sheet it will result in credit balance It will be
transfered to profit and loss as profit thru sale of asset
| Is This Answer Correct ? | 26 Yes | 4 No |
Post New Answer View All Answers
Expand---------PCDB
Expand-------ATBN
Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...
what is undisclosed profit? explain
whts is the meaning of over cost and under cost, what is difference ?
Expand ________FIPB
How can a company reduce profit
What is the Finalization of Accounts?
Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com
can we get all interview questions with answers in tally 9 which mostly asked in MNC's.
Expand ________FOR
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
Is commodities transaction tax a permissible business expenditure? Explain
How do you plan to achieve these goals
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?