Interested to Buy Any Domain ? << Click Here >> for more details...
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
What is the Bank Ombudsman Scheme?
What are the other services provided by the bank?
What is 'infinet'?
How candidates are recruited for marketing officer & asst. Manager posts?
What is 'i-net'?
Explain different trims?
What are extends?
Explain what is secondary markets? What is the difference between the secondary and primary market?
What's Monetary policy?
why do you choose MBA finance after your IT engineering?
Who are the recent Padam Awards Winners?
Must I Produce Tax Returns Before And After My Bankruptcy?
What is the difference between acquisitions and mergers?
What are the steps taken by banks to promote financial inclusion?
What percentage of FDI is allowed in Retail, aviation and broadcasting?
