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Why we Add the net profit in the balance sheet ? Why we
shows profit in the liability side of the balance sheet?
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Answer Posted / shikha
hii
We shown profit in the liablity side of balance sheet
because that profit has to be distributed among the
shareholder , owners of the company. We add profit with the
capital because capital is contributed by the owners and
owners shuold be very well aware of how much the net profit
the business have in a particular year.
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