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...

why share capital shown in liability side of a balance sheet

Answer Posted / gurumoorthy

Because, the share capital shows credit balance.

Accounts showing credit balances must come under the
liablities side of the balance sheet.

Is This Answer Correct ?    42 Yes 39 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to entry in tally for other person check received

1929


plz tell me short cut method in maths for clerck post in bank

2047


why do you want to work here?

2126


What are the accounting conventions and Practices?

2177


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

2165


whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

2313


im preparing for the sbi clerical post please send me the solved questions.

2243


distinguish between Bill of Exchange and Promissory Note

2298


My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?

2012


Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1857


WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?

2187


to attend interview for real estate company accounts

2050


what is participation right is it a debt? or not?

2201


What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?

1829


Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.

2029