what is balace sheet??
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Answer / sunil kumar
the balance sheet is explain the financial position of the
company
| Is This Answer Correct ? | 33 Yes | 1 No |
Answer / vamshi anchuri
balance sheet financial condition or financial position of
company and screen pictur of organization asked at
the BS is list of liabilities and assets
| Is This Answer Correct ? | 30 Yes | 5 No |
Answer / subh bisht
one side assets and other side liabilities + owenes fund(e.
share capital,surplus)
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / asain
A financial statement that summarizes a company's assets,
liabilities and shareholders' equity at a specific point in
time.
The balance sheet must follow the following formula:
Assets = Liabilities + Shareholders' Equity
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / ajay
balance sheet is a docmt prepared at the end of a financial year to know the financial position of the business
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / guest
A financial statement that summarizes a company's assets,
liabilities and shareholders' equity at a specific point in
time.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / seethanjali
it reveals the financial position of the concern and value of assets and liablities during the year ending.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / lovely uniyal
balace sheet is prepare a endidng of the year ,to know a accutal fincial posstion of commpany .Its contain a assest and laibilities
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mahesh
balance Sheet gives the detailed financial and business
information of total assets and liabilites of the company.
mainly it gives the performance of company by showing profit
and loss.
| Is This Answer Correct ? | 1 Yes | 0 No |
What is the diffrecnce between liabilities and owner's equity?
suppose you are going to start new financial year then What treatment you will do of previous year balence sheet ( like previous year prepaid,provision etc) in current financial year.
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