Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Profit is a Liability or asset?

Answer Posted / subash

Profit is asset..but we wil show it in liability side as it
is belongs to share holders so company has to give it to
shareholders...so we r showing under liability side.

profit with respect to company it is a liability as it has
to pay it to shareholders.

Profit with respect to shareholders it is a asset.

Is This Answer Correct ?    96 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Name the organization that regulates RRBs in India?

1276


Which was the first company to be listed in NASDAQ?

1037


What is recession? What is the cause for the present recession?

1149


How will you define public expenditure?

1097


What is a derivative?

1310


Explain what are ETF’s? What is the advantage of it?

1055


What is derivatives market in a lay man language?

1152


journal entry for vendor and depreciation

2527


State some points on global warming?

1084


What is the difference between difference between fiscal and monetary policy?

1048


What is mudra bank? Why was it started?

1130


Explain what is ROE?

1148


What is capm?

1039


How Does Bankruptcy Help Me In The Short Run?

1045


What is Debenture Stock?

1201