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
- 7406 Views
- I also Faced
- E-Mail Answers
Answer Posted / zubair_glad24@yahoo.com
HI jetu Hi ketaki
The profit of a company is shown on the liabilities side in
the balance sheet because again profit have to be
distributed to share holder
Mohammed Zubair
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
What is deferred account?
What is the difference between a provisions and reserves?
What else ? This is the question asked to me every where every time while facing interview. I want to know is this a real question for accounting? If yes haw or if no How? I am really confuse.
what is the responsiblities for accounts manager?
What is balance sheet and off balance sheet?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
how to calculate forefeiture of share when over subcription
How to get C forms in online? Plz give me Processor Thanq
Is buy or sale trade will impact on Nov? Yes/No Please explain.
List out some of the examples for liability accounts?
what is bank aceleted?
Into which account do we close the revaluation account balance during the winding up of a company?
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
What are mis reports and do you prepare it?
