capital is a assets but its shows in liability side. why?

Answer Posted / sampath

liablity side are coming Capital -Drawings,equity
shares,prefrence shares,loans,current liabiltes creditors
(Short term)

Assets Side are coming Fixed assets,Cureent Assets Detors
Cash in hand ,bank in hand ,loans&advances

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you know what is a cpa?

584


How P/E ratio usefull to the different people?

1751


How Many Accounting Principale

1337


what's the difference between impress cash account and petty cash account

1164


List out things that fall under intangible asset?

622






what is windows dressing final accounts?,sales a/c belongs to which a/c type?

1625


hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?

1505


how to treat investment fluctuation fund in case of death of a partner

1843


Differentiate public and private accounting?

651


difition of reserve & surplus

1745


In accounting, are assets a permanent account?

650


Explain the term account payable?

595


What are mis reports and how do you prepare it?

592


X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800

2814


Please note that all the question related to VAT is belongs to pune, maharashtra. waiting for quality reply.

1547