Furniture is Destroyed in Fire ??
Where it will effect in Balance sheet ??

Answer Posted / gnaneshwar

it will be shown in asset side

Is This Answer Correct ?    2 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

If a prospective client kept presenting you with excuses not to buy, what would you do?

749


List out some of the examples for liability accounts?

598


sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?

1485


what is gl a/c? & why is it maintain

1463


what is your opinion regarding T.V shows on youth

2166






Pl's confirm me this entry how to pass in Tally 9.0 & Tally ERP.9 that if I purchase 20 mobile,30 phone,20 LCD,15 laptop from mangesh @ Rs.7000,Rs.200,Rs.17000 and Rs.14000 respectively on each. But I purchase by cash and 15 days later I sold half of the thing to priya margin of Rs.100 on each by cheque and rest i sold to minal on cash margin of Rs.200 on each. But I received cash 1 month later. so calculate how much profit I got by selling the products.

2857


What is the difference in accounting and marketing?

624


How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.

1404


Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?

1631


Tell me about an invoice discrepancy you discovered and how you resolved it

652


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

1676


when dissoluction of firm why investment flchuationfund subtrect from book value

1544


What is diffrence Between GPF and EPF?.. can anybody explain..?

1657


What is tally and its features?

682


purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c

4107