Interested to Buy Any Domain ? << Click Here >> for more details...
8. why the debit balane of p&l a/c shows in asset side of
balancesheet
- 2 Answers
- 11761 Views
- ADP, Capital IQ, SED, I also Faced
- E-Mail Answers
Answer Posted / nilesh thakkar
As per Revised Schedule VI, it is no more shown on the Asset
Side of Balance Sheet but on the Liability Side, it is shown
under the head Reserves & Surplus. If the final figure is
negative still it is shown that way.
| Is This Answer Correct ? | 6 Yes | 1 No |
Post New Answer View All Answers
Who created snapit accounting?
WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?
if any otion in tallyerp9 version about doing Luxury tax work
Have you ever made mis reports and what are they?
what is an ideal organisation
give me examples of the accounting reports you have prepared
Accounting for vc money in financials
Tell us what is your proudest accomplishment?
what is current rate of excies duty for a manufacturing company?
which type of questions did HR Manager ask and what are the answers
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?
get fixed assets items
Explain me fair value accounting?
Imagine you have to solve problems for multiple clients at the same time. How do you prioritize?
What is an over accrual?
