how to prepare balance sheet pls tell me?

Answer Posted / mahesh hk

Firstly you need to pass journal entry and you need to post
it in ledger and after that with the help of journal entry
you need to prepare the Trading Account and profit and loss
account and Next step is to prepare profit and loss
appropriation account. Then you can entry the Asset on the
right hand side and then liablity to be left hand side of
Balance sheet.

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