Which reserve comes on the debit side of Balance Sheet?
Answer Posted / preetinder bajwa
Capital reserve which is mainly held for further investment .. Also could be revaluation reserve where the value of the asset had appreciated.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?
Do you know executive accounting?
what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?
can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.
What GP resew of balance sheet taking.
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
Can you name any other accounting application?
What is account in accounting?
What is the equation for acid-test ratio in accounting?
What is accrual accounting?
If the company acquires equipment prior to incorporation what are the accounting entries?
what is an ideal organisation
what is profitability ratio and dividend policy ratio
if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system