why net profit shown liabilities side in balance sheet
Answer Posted / ravindranath
share capital and reserves belongs to shareholders.company has to pay return on its capital to shareholder after meeting all the requirements.so it is belong to shareholder.so company is liable to its shareholder.so it becomes liability to the company
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
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.
HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.
How do I charge bank charges on payments to clients
As you know account executives need to be talented salespeople. Do you have experience making sales?
Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?
Unrealised profit will be debited to ?
What do we mean by purchase return in accounting?
Tell me what are things will not be included in bank reconciliation statement?
In accounting, how do you define the premises?
What is cost accountancy?
Tell us do you have any professional experience of this field?
AL+w button lanunches the .............. installed web brower
when & how interest on unsecured loan is calculated?