In Balance Sheet Why we entered Liabilites & Incomes under
Liabilites side , Assets & Expenditures under Assets
side.In general think incomes are asssets,expenditures are
liabilites.
Answer Posted / sankeerthana
Thanks for the response.Pl also visit my site immediately.
You will be definitely immpressed with the site
sankeerthana
www.therealaccountants.com
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
What is journalizing? What are the columns of a journal?
Explain what is bad debt expense?
What are time sheets?
what are cost accounting and its applications?
What entry to be passed for Duty draw back as receivable
what is ment by suspence account and dummy account
TDS %AGE ON CALLIBRATION CHARGES BILL
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
Do you know what qualities and skills make an account manager successful?
List out some of the examples for liability accounts?
Tell me what a deferred asset is and give an example?
What do you mean by Bill of Exchnage.How to manage ? Explain
How P/E ratio usefull to the different people?
How to make deductions of the employees from salary against the loan in AP module oracle R12