Answer Posted / sohail hariyani
debt is a liability
and
equity is ownership
Debt defines the state of owing something (especially
money); "he is badly in debt"
money or goods or services owed by one person to another
an obligation to pay or do something
Equity defines the difference between the market value of a
property and the claims held against it
the ownership interest of shareholders in a corporation
fairness: conformity with rules or standards; "the judge
recognized the fairness of my claim"
Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
what is ZBA hold & balance hold in banking?
How many types we are received funds in business purpose
What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000
what is the meaning of input vat & out put vat?
Expand-------------BRTS
Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations
INTE3RNATIONAL ACCOUNTING STD
Accounting related interview questions on ibm
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?
what s BSPL and its significance?
Short Answer on -----Trade mark
Expand---------EDP