Where will loss appear in Balance Sheet?
Answer Posted / subhash a.
Loss directly has no place in balance sheet.
It will appear in balance sheet only the accumulated balance
in profit & loss a/c is resulting in debit balance.
Then it will appear in right (assets) side under the group
of fictitious assets, below current assets group.
Is This Answer Correct ? | 23 Yes | 6 No |
Post New Answer View All Answers
Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??
Where a cash discount should be recorded in a journal entry?
Explain me fair value accounting?
hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much
What is the disadvantage of double entry system?
i have selected jr. accountant/ auditor in ssc graduate level 2008 scheme b. but i have not yet received deptt. memo and also appointment letter. when it will be come??? how much time???
WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?
what is the amount withdrawlfrom other cbs branch by multicity chequ book.
What is Time capital
Please advise how to calculate net asset....
I WRITE GROUP-4 EXAMINATION.I STADIYING INTERMEDET HOW MANY PARSANTEGE OF GROUP-4 EXAMINETIN
Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.
wat is mass allocation and when it is used
What is fbt (fringe benefit tax)?