In Accounting how many types of formulaes?

Answer Posted / ashid puzhakkal, m.com.,b.ed.

ASSETS=EQUITIES.
ASSETS=LIABILITIES+CAPITAL
CAPITAL=ASSETS-LIABILITIES
LIABILITIES=ASSETS-CAPITAL

Is This Answer Correct ?    7 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is a reducing balance method and depreciation fund investment method and 2 diffrences?

2021


Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2183


Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...

1956


what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?

1890


Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?

1641






I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.

1575


how can i make transaction related to inflation account in sap ?

1572


Where to enter bonus and pf esi in tally pls help for me

1557


what is Rectification of Errors ?

1770


hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

1666


3.In TALLY,we used to call tally erp 9.like that,in sap we used to call SAP ECC 6.0.here what is ECC?,i know the abbreviation of ECC.i want to know the role of ECC?

1770


can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....

1768


Expand---------PDBC

1493


How can a company reduce profit

1524


Distinguish between sale and consignment

1538