capital is a assets but its shows in liability side. why?
Answer Posted / naresh kumar
CAPITAL IS AN LIABILITY. AS IT IS AN INITIAL INVESTMENT
MADE BY THE ANY OWNER OR PARTNER IN ORDER TO RUN
ORGANISATION SMOOTH WAY.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is valuation code and valuation modifier in sap fico
What is "deposit in transit"?
How many types of business transactions are there in accounting?
what are the disadvantages of back-flush accounting?
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
what is lease accounting?? please explain me....
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
How use Budget in SAP, i want to see the report of variant between budget and actuals.
Tell us what is a cpa?
how to create salary and pf statement in excel sheet?
What is the difference between consigner and consignee?
What is tds and how it is calculated?
i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD
Account for letter of credit in the books?
How to pass workscontract sale invoice which includes WCT & VAT.