What is Balance Sheet?
- 24 Answers
- 30028 Views
- BPO, CTS, IBM, Kutchina, TCS, Wipro, I also Faced
- E-Mail Answers
Answer Posted / s balasubramanian
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 |
Post New Answer View All Answers
What is communicating
Difference between cash and merchantile system?
Expand---------PSRT
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
what is contigent liabilities? whats it status in balance sheet?
We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?
what is debit/credit note ? what deffered income and expencess?
What is the difference between income statement & Profit&loss A/c?
what is the difference between f.f.s and c.f.s?
How the sub ledgers(AP, AR) integrate with GL liability and receivable
what is pre settlements and post settlements in Derivatives?
HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?
post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.
Short Answer on ______________Import Trade
