what is a balance sheet
Answers were Sorted based on User's Feedback
Answer / hemant dubey
balance sheet is the statement which show the financila
position of the compnay .
what is the position of libialites and Aeests during the
end of year.
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / ranganath
Ballance shet is the final statement of libility and asset
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / mastan
Ballance shet is a statement wich is devided in 2 categares,
left with libility and right wit asset
| Is This Answer Correct ? | 11 Yes | 2 No |
Answer / mohammed badiuddin
it is a financial statement preparing at the end of the day
of the year which shows sources of funds and application of
funds. it shows the financial position of the company.
| Is This Answer Correct ? | 6 Yes | 2 No |
A quantitative summary of a company's financial condition at a specific point in time, including assets, liabilities and net worth. The first part of a balance sheet shows all the productive assets a company owns, and the second part shows all the financing methods (such as liabilities and shareholders' equity). also called statement of condition.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / maqbool
Balance sheet is a statement prepared at the end of the
peroid to know the financial poistion of a company.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / suraj shaik
balance sheet means it is a statement of assets
&liabilities the balance will be prepared after
trading&p&la/c . the main aim of the balance sheet is to
know the financial position of the business. the
assets&liabilities will be shown in 'T' form assets on
right side liabilities on left side.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / ketan k. bhalgamiya
Balance Sheet is a Statement that shows the Financil
Condition of the Company including Debt, Liabilities,
Assets, Investments, Share Capital, Reserves & Surplus
under the different heads...
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / prasad
Balance Sheet shows the financial positions of the organisation at any particular time.
| Is This Answer Correct ? | 0 Yes | 0 No |
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