Interested to Buy Any Domain ? << Click Here >> for more details...
What is Balance Sheet?
- 24 Answers
- 33927 Views
- BPO, CTS, IBM, Kutchina, TCS, Wipro, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rakesh
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.
| Is This Answer Correct ? | 63 Yes | 7 No |
Answer / b.k.b
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.
| Is This Answer Correct ? | 45 Yes | 1 No |
Answer / manoj
It is a statement of assets and liabilities which reflects the exact financial position of a firm
| Is This Answer Correct ? | 38 Yes | 2 No |
Balance sheet is a financial statement containing assets
and liabilities of a company as on a particular date say
31st March. The position will differ on 1st April.
The difference between P&L A/c and Balance sheet is
P&L A/c is the working results of income and expenditure
for the one year period i.e., 1st April to 31st March,
whereas balance sheet financial position only on a
particular date.
I welcome questions in finance, accounts, financial
analysis etc., and i will try to answer the questions as
far as possible.
email: sbalu1955@yahoo.co.in
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / clarence vinod
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 organisation.
| Is This Answer Correct ? | 12 Yes | 2 No |
Answer / chandu
balance sheet it means balance betwen asset liabilities of
end of the year
| Is This Answer Correct ? | 20 Yes | 15 No |
Answer / sweta
Balance sheet is a mirror which reflects the true financial
poition of a business organisation.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / bhuvaneswari
A Balance Sheet is a statement prepared to ascertain the true position of assets and liabilities as on a particular date of the organisation. It is prepared at the end of the accounting period, after the preparation of profit and loss account.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / g.radhakrishna
balance sheet is record of assets & liabilites with which
a firm or companies financial position is known at a
particular time or at end of year.
| Is This Answer Correct ? | 3 Yes | 3 No |
if i bought 10 car @ Rs1000 each.one car i used for office use then what will be the entry?
what are the balancesheet,profit& loss a/c,profit & loss aprrieation a/c format
diiffrence b/w provsion & reserve
Expand----------CPC
Manju started business with Rs.10000?state whether the following transcation is business transcation or non business transcation?with reson?
what is the distinction between provisions and reserves
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
What is TDS
143 Answers Accenture, Accurate Meters, Capital IQ, ICA, ICICI, IIJT, Leo Technologies, Lupin, Microsoft, NCR, Skypak, Somaiya, SS Automation, TCS, Unitherm Engineers, VFC Industries, Way2Wealth,
expand-------TSR
is accrued expense is asset or liability
What are motive behind mergers And acquisitions?
What is Spin-off & spilts
Audit 
