what is the balance sheet? And also tell me about the
finanacial statement?
Answer Posted / mayur patel
very simple, balance sheet means deference between liabilities and assets of the company. financial statement is indicate to the real situation of the company by using the balance sheet.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
what is a difference between public and private accounting?
WHAT ARE THE MOST ELEMENTS OF YOUR JOB?
what's the mean by Imprest system? Please give me Replay on this no. 9885789716
In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?
What is the difference between the accrual accounting and cash accounting?
what is tribal area allowance means
What are the advantages & disadvantages of double entry system?
What are its characteristic features of financial accounting?
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
Explain what is the disadvantage of double entry system?
In accounting, are assets a permanent account?
Explain compound journal entry.
what is lease accounting?? please explain me....
Tell me what is the abbreviation for the accounting terms debit and credit?
How to post salary advance transfer from one branch to another branch ?