Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Whether Goods receipt is an Asset or liability?

Answer Posted / iqbal

Goods Receipt is an asset if whole remains ideal at the
time of balance sheet it will show the asset side of
balance sheet.If part of goods consumed balance will shown
as closing balance on B/S as CS

Is This Answer Correct ?    7 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

MEANING OF RED HERRITING

2574


how to do asset appreciation in sap?

2725


if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?

1520


What is the difference between accumulated depreciation and depreciation expense?

1184


we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.

2095


Explain different branches of accounting?

1255


what is a state cheque? how it differes from stale cheque?

2446


What are the disadvantages of double entry system?

1042


Have you ever made mis reports and what are they?

1023


what is the primary of for-profit organisation

1860


what is addition of Opening Balance and net profit transfered from profit and loss account called

1907


What is difference vat

2102


journal entry for goodwill and capital bought by a new partner?

1619


What is a contra entry

9885


IN VAT INVOICES DISCOUNT ALLOWED OR NOT

2078