Reserves and surplus are shown on _____ side of balance sheet.
Assets
Liabilities
Either Assets or Liabilities side
None of these
Reserves and surplus are shown on Equity & Liabilities side of balance sheet.
On dissolution, how will you deal with partner's loan if appears on the
(a) assets side of the balance sheet,
(b) liabilities side of balance sheet.
On dissolution, how you deal with partner’s loan if it appears on the
(a) Assets side of the Balance Sheet.
(b) Liabilities side of the Balance Sheet.
(a) Assets side of the Balance Sheet
(b) Liabilities side of the Balance Sheet