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What is balance sheet? How you come to know after seeing
balance sheet that economic condition is good or bad any
organisation?
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Answer Posted / sanjay kumar
Balance sheet shows the financial position of the
organisation. We calculate various ratios to judge the
economic candition of the organisation. It has been done
only when we prepare balance sheet of the organisation.
| Is This Answer Correct ? | 16 Yes | 3 No |
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