What is Balance Sheet?
- 24 Answers
- 30027 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 |
What is meant by Salaries Outstanding Accounts?
employee contribution towards PF can be taken as expenses or not
Could u show me the sample TDS Document / Template
WHAT IS THE MEANING OF BLUE CHIP COMPANY?
What is ideal debt-equity ratio
12 Answers BPO, JP Group, Scope International,
Expand _________AAA
Difference between material in transit and capital work in progress
EXPAND___________MSN
Decrease in the amount of Creditors result in 1.Increase in Cash 2.Decrease in Cash
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
Please share different type of Z report
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
Audit 
