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(Querist)
22 January 2009 DEAR SIR.......

PLEASE GIVE CORRECT ANSWER FOR THE FOLLOWING......... WITH REASON...................





___________ are reduction in firms equity for which no compensating valve has been received.

1)Assets

2)Profits

3)Liabilities

4) Loss

THANKS IN ADVANCE..........
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CA. Dashrath Maheshwari

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CA. Dashrath Maheshwari (Expert)
23 January 2009 It is :
4) Loss
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Santhosh Poojary

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Santhosh Poojary (Querist)
23 January 2009 THANKS SIR..........
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