Difference between Horizontal & Vertical Balance sheet

Answer Posted / guest

The main difference between horizontal and vertical is that
in the vertical balance sheet the firstly we have taken the
fixed asset current assets and than miscelleous expenditure
in fixed assets side and in vertical is same as reverse.

In Liability side the in vertical we have taken the current
liability and than capital and horizental the reverse is
same.

Is This Answer Correct ?    11 Yes 19 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Who owns the general ledger?

635


give me examples of the accounting reports you have prepared

723


Revenue Expenditure

1650


Do you know what is icai?

672


Describe the proof of cash type of bank reconciliation?

1461






What is the double entry system explain its rules with examples?

623


what is apply SI post

1556


Explain me what makes a successful account manager?

621


I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category

1558


What is the Technology used to carry out trades? Pls Tell me as early as possible.

3084


What is your role in planning?

660


Tell me what are the activities that includes in cash flow statement?

951


total assets are equal to total liabilities in final accounts ?why?

1427


how many times we can deposit the old currency in one a/c in the bank

1704


i am working in construction company.we have more then one projects.i enter attendance in payroll projectwise.i want salaries in projectwise not overall in payroll autofill. thankyou sir

1347