Interested to Buy Any Domain ? << Click Here >> for more details...
why the profit of a company is shown on the liabilities side
in the balance sheet
- 4 Answers
- 7280 Views
- I also Faced
- E-Mail Answers
Answer Posted / ketaki
Owners invested funds in business to generate income
source. So its liability of business to give retruns on
amt. invested by owner in forms of capital. So it shows
liability side of balance sheet.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Under what type of account do the unearned revenues fall?
What are the 5 basic accounting principles?
Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.
How is scrap value calculated?
Do you use social media to identify prospects?
What's the accounting entry when an Invoice is created in AR?
how to pass entry in tally Rs 50000 cheque paid to son by father
RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above
What does the investment of personal assets by the owner will do?
What is project implementation?
Accounting Questions
how to prepare brs statement for company in tally
Where I can Found Cost Reduction Techniques Implemented by Various cement Companies
Is an "account receivable" and "goodwill" real accounts in accounting?
