what is the balance sheet? And also tell me about the
finanacial statement?
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Answer / syed iliyas
Balance sheet is a statement which monitor the financial
position of a company at any particular date by comparing
how much of asset it has earned during the period and how
much of the company liable to the others
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / punita
Balance sheet is the statement which shows financial
position of the company which tell us whether comapany have
sufficient assets to bear its long term as well as long
term liabilities.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / mayur patel
very simple, balance sheet means deference between liabilities and assets of the company. financial statement is indicate to the real situation of the company by using the balance sheet.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / kusum
Balance sheet is a statement which monitor the financial
position of a company at any particular date by comparing
how much of asset it has earned during the period and how
much of the company liable to the others
| Is This Answer Correct ? | 0 Yes | 0 No |
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0 Answers Genpact, Helios Pharmaceuticals,
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
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