what is liability? give some entry

Answer Posted / ansar

the liablity like what r the outstanding & we should to pay something called liablity.. etc

supplier outstanding , make any loss of provision.

ex: car loan " car" is assets" but "loan" is like liablity

Is This Answer Correct ?    8 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP

1507


In South Africa, the value added tax is administered by?

1232


If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details

946


What are trade bills?

757


What is the diffrent job&project accounting?

1465






how to pass journal entries for reverse tax on input tax paid

2154


how to prost entry for purchases with a bill

1488


What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.

1760


My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?

1167


What action could be taken by you and your manager to improve your performance in your current position?

13201


What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP

2785


Write about the media role in daily life

1663


which subsidiary book is source of these:debit note,credit slip,

1555


iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above

1534


what is bank aceleted?

1656