What type of accounting heads shows in Liabilities side in Balance Sheet
BALANCE SHEET LEFT HAND SIDE HEADS
A balance sheet of the company
may have the following accounting heads in Liabilities Side.
- Sundry or Trade Creditors
- Bills Payable
- Bank Overdraft
- Employees Provident Fund
- Loans (Cr.)
- Mortage
- Reserve/Res. Fund Capital
- Capital
- Add Interest on Capital
- Add Net Profit
- Less Drawings
- Less Income Tax
- Less Interest on Drawings
- Less Net Loss
- Outstanding Expenses
0 comments:
Post a Comment