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...

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


Please Help Members By Posting Answers For Below Questions

Which Invoice issued on Central Sale Commercial or Retail?

2100


what is Journal Entries?

2191


why funds management doc is generated during migo and miro

1662


institutional investors?

2112


what is duties and responsibilities for clark working in sbi

2306


why do u want to join bpo sector

2333


how to entry of hra

2339


Clasify capital

2013


what is the frienge benefits tax?what is usefull?

2111


WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS

2321


what is automatic payment in sap fico

2135


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

1963


Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.

2296


In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.

2064


difference between contra entry and double entry?

3162