why profits are shown as liability and loss as asset in
balance sheet?

Answer Posted / balaji

dear NEHA
if you know the answer than try to share it with others. we are here to share knowledge. i know how difficult these questions when they are asked in any interview. i know you are intelligent and i expect your answer for this quetion.
reply me at namammabali@gmail.com

Is This Answer Correct ?    2 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand----------CMST

1652


Expand-------NAST

1666


Mention some of the major contributions made by you in your present and previous jobs

5622


What problems might be encountered if there were no accounting standards?

2458


Should I have perfect credit score, that is, above 800 credit score?

1368






How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?

1457


differences between liabilities and assessts

3412


A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch

3066


HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.

1864


I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????

3762


What part can management policy play in the analysis of cost behaviour?

1641


The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed

1730


commisiion recieved journal entry and receipt required

1012


Expand---------EDP

2020


Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque

1402