Balance sheet
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 June 2013
WHAT TO DO FOR CASH AND ASSETS IF ANY FOR NIL BALANCE SHEET
16 June 2013
THERE IS NO SUCH WORD IN THE HISTORY OF ACCOUNTANCY AS "NIL BALANCE SHEET"
IF THERE ARE ASSETS THEN THOSE ASSETS MUST HAVE BEEN PURCHASED FROM CAPITAL BROUGHT IN BY PROPRIETOR/PARTNER/SHAREHOLDERS.....
IF THERE ARE ASSETS THEN THOSE ASSETS MUST HAVE BEEN PURCHASED FROM CAPITAL BROUGHT IN BY PROPRIETOR/PARTNER/SHAREHOLDERS.....
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 June 2013
Thanks for your kind response.
this is about assets and what for cash
this is about assets and what for cash
17 June 2013
Cash is also an Asset.
So it applies for Cash as well.
So it applies for Cash as well.
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