Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / vks
A balance sheet is a quantitative summary of a company’s
financial condition at a specific point in time, including
assets, liabilities and net worth. The first part of a
balance sheet shows all the productive assets a company
owns, and the second part shows all the financing methods
(such as liabilities and shareholders’ equity). Also called
statement of condition because it shows the position of all
the assets & liabilities of a company at a specific day.
Therefore, both the side of balance sheet must get tallied
i.e. assets equals to liabilities at any point of time.
| Is This Answer Correct ? | 17 Yes | 10 No |
Post New Answer View All Answers
Anyone whose sbi interview has been over , please share all the question asked by them
where does the closing stock appears in the trial balance?
How do you plan to achieve these goals
What type of question generally asked in Brokerage Firm ?
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com
Short Answer on __________written Down value
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
DEfine SAP
I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
Short Answer on __________Revenue
how to do the recurring entries or steps to follow that
EXPAND___________NBW
