Why do balance sheet always have same total of Assets and
liabilities..??? pls ans dis...my id is
business.ankita@gmail.com
Answer Posted / nilesh naik
Yes, a balance sheet should always balance. The name
"balance sheet" is based on the fact that assets will equal
liabilities and equity every time.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?
Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me
what is CDD’s configuration
whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector
I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.
What was the most chlleging task you face while working in SAP FI/MM and how did you solve?
fridge was capital or revenue?
Short answer on Amalgamation
What type of questions in accouting point of respect they ask genrally plz help me find out this.
How and by whom the Percentage of Depreciation is fixing?
company accounts introduction?
Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?