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what is balace sheet??

Question Posted / vamshi anchuri

Answers were Sorted based on User's Feedback



what is balace sheet?? ..

Answer / anil kumar prajapati

A statement of the assets, liabilities, and capital of a
business or other organization at a particular point in time,
detailing the balance of income and expenditure over the
preceding period.
Formula
Assets = Liabilities + Shareholders' Equity

Is This Answer Correct ?    1 Yes 0 No

what is balace sheet?? ..

Answer / usha teja

ITS A FINANCIAL STATEMENT AND NOT AN ACCOUNT.IT REVEALS THE
FINANCIAL POSITION OF THE COMPANY RELATED TO ITS ASSETS AND
LIABILITIES.

Is This Answer Correct ?    0 Yes 0 No

what is balace sheet?? ..

Answer / saumen datta

Balance sheet is the sanp shot of all the assets and liabilities position of the company for a particular accounting year.

Is This Answer Correct ?    0 Yes 0 No

what is balace sheet?? ..

Answer / ayyappa

a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

Is This Answer Correct ?    0 Yes 1 No

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