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 Inter
★ 22K+
12-Oct-21 18:25
208
Answers (2)
This is copied from some US book. We had highlighted in the class as well