Answer Posted / pravi
The financial position
of a concern is
revealed by its
assests and its
liabilities.On the left
side of this statement
the liabilities and
capital are shown.On
the right hand side all
the assests are
shown.Therefore the
two sides of the
balance sheet must
always be equal.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is One Rank One Pension Scheme?
What are the things that have to be kept in mind while entering into stock exchange?
What are 'capital receipts'?
Tell me what is gross profit and net profit?
What is 'securities transaction tax (stt)'?
What is effect of demonetization on your household, in particular?
What is the difference between stock market and new issue market?
Differentiate between direct tax and indirect Tax with examples?
What are your views on social networking sites?
What is capital turnover ratio?
Highlight main points of Union Budget 2017?
Explain share capital?
What do you mean by financial reporting?
Name the different types of deposits in a bank?
What do you know about Chief of Planning Commission and Election Commission etc.
