Interested to Buy Any Domain ? << Click Here >> for more details...
capital is a assets but its shows in liability side. why?
- 11 Answers
- 18730 Views
- I also Faced
- E-Mail Answers
Answer Posted / abdul hannan
as the promoters of the co, and co. is different from each
other the amount invested by the promoters to start the
company is trated as liability, since the co. is different
from its owners it treats the funds used to start the co.
as amount borrowed or capital borrowed which has to b
repaid. so it is shown on the liability side...
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what do you consider to be the biggest challenge facing the accounting profession today?
Define tally accounting
What is the difference between perpetual & periodic inventory system?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
Do you know how many types of business transactions are there in accounting?
Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.
What is normative accounting?
WHAT ARE THE MOST ELEMENTS OF YOUR JOB?
Tell me what do you think is bank reconciliation statement?
What is trial balance? What does an accurate trial balance suggest?
goods worth rupees 440 distributes free among the poor?
Please provide me the entire format of P.F. & ESI
1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-
why only 6 months interest is charged on drawings
Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.
