What is Debt and What is Equity?

Answer Posted / naresh

debt is a liability

and

equity is ownership

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is difference between venture capital financing and equity financing?

1506


what is status report? and flow report?

1624


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1512


Short Answer on -----Trade mark

1465


while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited

1631






what is absorbtion coasting?

1844


What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?

1801


What is Purchase Requisition means? Why we used this in MM Module in SAP? what is t.code of it?

1576


Queries for Big4 Articleship : Whether son of CA in practice effects chances.

6505


Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

1732


Expand CCIT?

1998


Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return

1928


my qustion is what is H foam and where use

1384


What are the benefits ofparticipation in a depository?

2011


EXPAND___________LNG

1548