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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.

IMG_20211012_182120.jpg

Sibi Srinivasan

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


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

12-Oct-21 18:43

Oh ok sir.


Thread Starter

Sibi Srinivasan

Sibi Srinivasan

CA Inter

22K+

12-Oct-21 19:15

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