Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

let me know the difference between statement of affairs and
balance sheet

Answer Posted / santhosh

We can prepare Balancesheet when we are having proper
records of books of accounts but we will prepare Statement
of affairs when we are not having proper records

Is This Answer Correct ?    7 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

which name written in Tan application form Applicant is sole proprieter companies name or individual name?

2099


how there face in lvbank interview

2103


How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?

2555


What is dematerialisation and its benefits?

3227


what is the document spliting?

2154


Expand-------SNAT

2055


Define Salry for the following purpose 1.To calculate HRA

2198


what is Journal Entries?

2188


What are different types of reports made in tally

2399


What is DRA in bank reconciliation.

1989


Define `Realisation` Account? Explain the salient features?

3159


Total numbers of companies listed on stock Exchange?

2596


What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?

2370


you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2747


what is cc limit and what role accountant play to maintain it?

2210