Balance sheet

Accountancy

Generally, assets are on the right side and the liabilities are on the left side for sole proprietorship concerns. And for companies, liabilties- top Assets- bottom But, in the image below, it's opposite. Pls clarify.

Sibi Srinivasan

CA Final

★ 22K+

12-Oct-21 18:25

610

Answers (2)

This is copied from some US book. We had highlighted in the class as well

CA Suraj Lakhotia

Admin

12-Oct-21 18:43

Oh ok sir.

Thread Starter

Sibi Srinivasan

CA Final

★ 22K+

12-Oct-21 19:15