Why Fixed capital A/c does show credit balance even when firm suffers a loss year after year?
Answers
Answer:
It does not show a debit balance in spite of regular and consistent losses year after year because these losses are first applied to the company's assets or is recorded as part of a company's liability.
Answer:
It does not show a debit balance in spite of regular and consistent losses year after year because these losses are first applied to the company's assets or is recorded as part of a company's liability.
Answer:
It does not show a debit balance in spite of regular and consistent losses year after year because these losses are first applied to the company's assets or is recorded as part of a company's liability.
Answer:
It does not show a debit balance in spite of regular and consistent losses year after year because these losses are first applied to the company's assets or is recorded as part of a company's liability.
Answer:
It does not show a debit balance in spite of regular and consistent losses year after year because these losses are first applied to the company's assets or is recorded as part of a company's liability.
Answer:
It does not show a debit balance in spite of regular and consistent losses year after year because these losses are first applied to the company's assets or is recorded as part of a company's liability.