Capital is asset of the company. But why does it appear in
Liability side of the balance sheet.
Answer Posted / rocky
If we think with business entity concept it's true because
the capital that invested by owner for co. it will payable
for the company to their shareholders or owner of the co.
If we think co. point of view, it's true.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
You have joined company yesterday then you are Appling B1 visa today. why so urgent.
Do you need an income statement if you do part time contract work at home?
Process of the settlement cycle?
How do you avoid loss situation
Expand ________FOR
what is controlership?
What are Corporate Action?
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
Under the accrual basis of accounting incomes are recognised at the time -------------------
My name is Tasha actually I had put my file for Australia PR on basis of Hairdresser, and I have shown my qualification of 10th passed, but I done my B.Com with Accountancy, and presently I am working as Accountant,Now I want to put up my file for Australia Student is it possible, and my age is 36 yrs, I had already given my IELTS (Academic) and I have scored 6 bands, but its period has been expired,please give me some answer what to do next.
what is Accounting Standers?
explain the financialand economic meaning of investment?
how an accountant can do budgetery controls of expenses?
Short Answer on __________Accrued interest