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Women in Balance Sheets

Prof. LR - How would you represent Wife and Girl Friend in a Balance Sheet? Arbit Choudhury:- Girl Friend is a Current Asset - liquid and movable in nature, and can become current liability as well. Wife is a Fixed Liability - fixed in nature and requires maintenance on continuous basis !

Prof. LR – How would you represent Wife and Girl Friend in a Balance Sheet? Arbit Choudhury:- Girl Friend is a Current Asset – liquid and movable in nature, and can become current liability as well. Wife is a Fixed Liability – fixed in nature and requires maintenance on continuous basis !
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