Answer Posted / ib
We are making the statement of companies not of owners.
Business have to pay profit against shareholders investment
thats why profit is treated as a liability. I think.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what should be the methology of business taxation ?
What's Demat A/c?
What is the Largest Private sector bank of India?
What is 90 days overdue?
What is operating ratio? What does it indicate?
What are the implications of OROP?
What is Balance of payments adjustment mechanism?
What is 'banknet'?
Name some state co- operative banks?
I am puc failed but present i work in accountant in one co but i handle in accounting is good so what i do in future
What is disinvestment? Why is it done?
How does RBI earn profits?
I am studing in MEB(MBA+IT), In our course there is no specialation and I want to go in finance, in june-july i am going to do intersip program so what would i do to make arrengement for my summer training
What is a Limited company?
What do you mean by return on assets? What does it indicate?