Answer Posted / dilip kumar
NO, Because Assets are the properties of the company,which helps to earning profits,
liablity is not, because liablity have to be paiyable in near future, but this is fees of bank. which is no need to pay anybody.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry
Up to what time we can show TDS Receivables under Advance Income Tax A/c?
what is cc limit and what role accountant play to maintain it?
Short Answer on __________Accrued interest
difference between contra entry and double entry?
I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????
let me know the meaning and Nature of cash
explain about mergers & aquisitions? asked on 30/7/09
Short Answer on ___________Cash Profit
What is Provision for expenses?
What is a Balance Sheet & Profit & Loss Account?
Expand-------CAN
Expand---------DEP