what is the balance sheet? And also tell me about the
finanacial statement?
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Answer / syed iliyas
Balance sheet is a statement which monitor the financial
position of a company at any particular date by comparing
how much of asset it has earned during the period and how
much of the company liable to the others
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Answer / punita
Balance sheet is the statement which shows financial
position of the company which tell us whether comapany have
sufficient assets to bear its long term as well as long
term liabilities.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / 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 |
Answer / kusum
Balance sheet is a statement which monitor the financial
position of a company at any particular date by comparing
how much of asset it has earned during the period and how
much of the company liable to the others
| Is This Answer Correct ? | 0 Yes | 0 No |
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