What is Balance Sheet?
Answers were Sorted based on User's Feedback
Answer / sunil pandey
Balance sheet is a data which is provide company financial
position i.e assets are availabe for liability of an
organisation.we can analysis economical condition oc
company by the balance sheet and p&L.
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Answer / kundan kumar
Balance sheet is the snapshot of company's performance
througout a year.It tells about assets and liabilities
of the comapny.
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Answer / arun shet
Balanc sheet is a financial statement which shows assets
and liability of the organisation.It is prepared to know
the exact financial position of the organisatio.
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Answer / b.jyothi ester
which shwos profit and loss of the copay
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Answer / isha khera
Balance sheet is a financial statement which shows assets
and liability of the organisation during a particular
period of time. It reflects the financial position of the
organization and can helps to decide the financial plan &
short term goal.
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Answer / muthu ganesh
Balance sheet means during the year assets and liabilities
closing balance and the year profit Added to the Capital
Account.on the date of prepared the financial statement it
is called balance sheet
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Answer / david louis
balance sheet is a statement, which shows the financial
position of a company for a particular period of time.
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Answer / mohan
Balance sheet shows the complete financial condition of the
company at a specific period of time which includes assets
liabilities . The first part of the shows all the productive
assets the company owns , the second part shows the
financial methods such as liabilities and share holders equity.
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Balance sheet means it is a combination of assets and
liabilities and it shows the what are the assets and
liabilities during the particular period of time with we can
think how the company is performing.
"Balance sheet which describes the financial position of a company"
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