Interested to Buy Any Domain ? << Click Here >> for more details...
Capital is asset of the company. But why does it appear in
Liability side of the balance sheet.
- 19 Answers
- 22585 Views
- JPMorgan Chase, I also Faced
- E-Mail Answers
Answer Posted / kate
Capital is neither an asset nor a liability from the
"accounting" point of view. It is the difference between
assets and liabilities. It's written on liability side NOT
BECAUSE it's a liability, BUT because sum of liabilities and
capital should be equal to assets. You could write it
wherever you liked (but for existing rules) which wouldn't
change the formula. It makes visual perception of what is
called BALANCE clear.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is mean by Reserve on Consolidation?
During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?
How many types we are received funds in business purpose
What is a bad credit score?
Short Answer on ______Transaction
Define Payee
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
distinguish between Bill of Exchange and Promissory Note
The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?
Difference Between Revenue & Capital Expenditure (Give an Example of each )
What three Specific Job Positions do you target from the Industry
what is dividend? how do the use an accountancy?
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
