why share capital shown in liability side of a balance sheet

Answer Posted / liya

Its just because of Business entity concept,Business is
considered as another legal person..who are liable to pay
the amount back to the owners or to the share holders that
who hold the shares.....

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the difference between Tally ERP and SAP FI ECC?

1988


Short Answer on ________Accounts Payables

1498


Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex

1716


give me only one transactions in both side (debit&credit) should be in real accounts

1728


Explain valuation methods of Normal and Abnormal loss

1596






A----------involves transfer of money or moneys worth from one person to another

1425


what is the cost and financial accounting? what is double entry system ?

1668


A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .

1485


what is the difference between cash flow and funds flow

1678


WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME

1383


Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not

5462


Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.

1602


does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP

1721


Short answer on _______Amendment

1480


explain the financialand economic meaning of investment?

1737