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What is balance sheet?

Answers were Sorted based on User's Feedback



What is balance sheet?..

Answer / mangesh

balance sheet is a statement showing financial status of a
company on a Ac year end

Is This Answer Correct ?    29 Yes 0 No

What is balance sheet?..

Answer / jacks

balance sheet is a statement showing status of a company .

Is This Answer Correct ?    20 Yes 6 No

What is balance sheet?..

Answer / hrishikesh

Balance Sheet is a statement displaying position of Assets
and Liabilities of the entity as on a particular date. It
is not necessary to prepare the same at the end of year. It
can be prepared even on daily basis, if you are aware of
balances in the accounts.

Is This Answer Correct ?    16 Yes 2 No

What is balance sheet?..

Answer / kris

it is a statement of company/firm assets and liabilities in
a particular date as prepared.

Is This Answer Correct ?    6 Yes 3 No

What is balance sheet?..

Answer / suraj lachake

balance sheet is a statment showing the financial position
of the organisation and correct view of profit and loss.

Is This Answer Correct ?    3 Yes 0 No

What is balance sheet?..

Answer / s.mohamed mydeen

balance sheet is the statement showing assets and
liabilites of the company on particular date.

Is This Answer Correct ?    3 Yes 1 No

What is balance sheet?..

Answer / manish kumar

balance sheet showing the latest standerd, status and
financial position of a firm.

Is This Answer Correct ?    4 Yes 2 No

What is balance sheet?..

Answer / sumanth

Balance Sheet is a Statement prepared to know the finacial
postion of the company as on a particular date. Whether the
compnayis in profit or in loss.

Is This Answer Correct ?    3 Yes 2 No

What is balance sheet?..

Answer / naresh

balance sheet is position statement of company.

Is This Answer Correct ?    3 Yes 2 No

What is balance sheet?..

Answer / e.vanitha sri

balance sheet is prepared for ascertainment of financial
status of business i.e., assets and liabilities of a year.

Is This Answer Correct ?    1 Yes 0 No

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