Why do balance sheet always have same total of Assets and
liabilities..??? pls ans dis...my id is
business.ankita@gmail.com
Answer Posted / dinesh
according to the double entry system of
accounting, every debit should have a corresponding credit.
so B/S shows it in that way...
Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
In SAP FICO How many ways we are Procuring the assets in the Company?
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
What is Hot Issue Income for Hedge Funds?
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com
Short Answer on ______Budget
company accounts introduction?
How good are you at Finance?
Comments Elements in accounting
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
Take me through the entire vendor cycle.
you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.
Why do you want to work with us
How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?