Liability and Assets
What are Liability and Assets in Accounting equation. Also describe it with the help of formula.
Expert
Liability and Assets are the two portions of accounting equation. Liability is always equivalent to assets of company. The liability is payable amount to owner and exterior. In case whenever businessman has not taken any loan, all liability will be equivalent to the capital of that businessman. In second condition whenever a company has not taken any loan, each and every share capital will be the liability of business.
Total liability = Owner's equity + outside equity
Identify and briefly explain the patterns in terms of how relationships tend to come apart (not together) or deteriorate. Use a real or hypothetical illustration to describe each of such phases.
WHAT IS REDUMPTION? AND WHAT ARE THE CONDITIONS?
In the year 1995, working group of the French chief executive officers was formed by the Confederation of French Industry (CNPF) and the French Association of Private Companies (AFEP) for studying the structure of the French corporate governance. Group has reported th
Owned by an entity, something that provides benefits and whose cost can be measured. The measure of the value of assets in dollar appears on the
Wheather it is correct or not that standard costing is a separate system in accounting?
Investment approach of Lynch: Peter Lynch, the best known mutual fund manager, also adopts the words of Benjamin Graham in the sense that he looks at companies not from the perspective of how the stock prices move
Write a Report on Business memo analyzing monthly sales of a company. Try to explain it with graphs.
What is Relationship and what are the traits that make any relationship happy and committed forever ?
Explain how the advent of euro would affect the strategies of international diversification.
Explain, why do most interbank currency trading globally include the U.S. dollar?
18,76,764
1940536 Asked
3,689
Active Tutors
1430819
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!