Answer Posted / rajendra panda
Assets have debit balance but contra assets have credit balance. Contra assets offset the debit balance of assets account. Accumulated depreciation of building is an example of contra assets.
| Is This Answer Correct ? | 11 Yes | 0 No |
Post New Answer View All Answers
WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY
When we are raised a interstate invoice then which type invoice we are raised
OUR BOOKS & ITR MISMATCH FOR RS.15000/- ON ACCOUNTS OF TDS ON RECIEPTS FY-09-10 . KINDY GIVE CORRECTION ENTRY TO MATCH THE BOOKS WITHI ITR. DEVENDRASINGH086@GMAIL.COM
explain about mergers & aquisitions? asked on 30/7/09
What was use of tally erp 9? Types of vat?
Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset
Let me know the difference between cash flow and free cash flow
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
Who is the maker of the promissory note
Explain Cash Basis of accounting
How can a company reduce profit
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
Define Bill of Exchange
Expand---------MRDT
what is forecast