Answer Posted / h.r. sreepada bhagi
Balance should match, otherwise it is not correct. This is
because of Dual Aspect Concept (i.e. Debit & credit in every
business transaction should match) If Balance Sheet does not
match, it can not be called by that name (It will be
incorrect & so will be IMBALANCE SHEET)
| Is This Answer Correct ? | 2 Yes | 1 No |
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