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Mention all examples of Assets and Liabilities in a Balance Sheet?
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Answer Posted / deepashree p
fixed assets - land & building ,plant & machinery ,good will ,patents,copy writes
current assets - cash in hand , debtors , bad debt ,cash at bank
fictious assets - miselenious expenditure ,discount on expenditure
liabilites
share capltal
reserves & surplus
creditors
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Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
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