Interested to Buy Any Domain ? << Click Here >> for more details...
Why Reserves and Surplus are shown on the liabilities side of
the balance sheet.? justify your answer.
- 4 Answers
- 46834 Views
- Infosys, Muthoot Group, I also Faced
- E-Mail Answers
Answer Posted / imran
reserves and surplus are shown into liability side of the
financial statiment, since reserve is the money set aside
from the capital for future use hence defining surplus as a
debit in the business thus attributing to its liabiltiness,
| Is This Answer Correct ? | 24 Yes | 14 No |
Post New Answer View All Answers
How do we calculate the cost of investment?
What does the abbreviation dr mean in accounting?
What is the tds effect in balance sheet if tds receipts?
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system
What is cotangent Account?
HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER
What is meant by public accounting?
Explain what is ledger?
What are the characteristic features of financial accounting?
What steps would you take before approving an invoice for payment?
Have you ever made mis reports and what are they?
Cost Accounting
How to pass an general entry for materials which are stored in warehouses??????
