what is balace sheet??

Answers were Sorted based on User's Feedback



what is balace sheet?? ..

Answer / sunil kumar

the balance sheet is explain the financial position of the
company

Is This Answer Correct ?    33 Yes 1 No

what is balace sheet?? ..

Answer / vamshi anchuri

balance sheet financial condition or financial position of
company and screen pictur of organization asked at
the BS is list of liabilities and assets

Is This Answer Correct ?    30 Yes 5 No

what is balace sheet?? ..

Answer / subh bisht

one side assets and other side liabilities + owenes fund(e.
share capital,surplus)

Is This Answer Correct ?    7 Yes 1 No

what is balace sheet?? ..

Answer / asain

A financial statement that summarizes a company's assets,
liabilities and shareholders' equity at a specific point in
time.

The balance sheet must follow the following formula:

Assets = Liabilities + Shareholders' Equity

Is This Answer Correct ?    5 Yes 2 No

what is balace sheet?? ..

Answer / ajay

balance sheet is a docmt prepared at the end of a financial year to know the financial position of the business

Is This Answer Correct ?    5 Yes 2 No

what is balace sheet?? ..

Answer / raghu.v.

Its statement ,and its preparing for Knowing Financial
stability of the co.and Its list of Assets and Liability.

Is This Answer Correct ?    5 Yes 3 No

what is balace sheet?? ..

Answer / guest

A financial statement that summarizes a company's assets,
liabilities and shareholders' equity at a specific point in
time.

Is This Answer Correct ?    1 Yes 0 No

what is balace sheet?? ..

Answer / seethanjali

it reveals the financial position of the concern and value of assets and liablities during the year ending.

Is This Answer Correct ?    1 Yes 0 No

what is balace sheet?? ..

Answer / lovely uniyal

balace sheet is prepare a endidng of the year ,to know a accutal fincial posstion of commpany .Its contain a assest and laibilities

Is This Answer Correct ?    1 Yes 0 No

what is balace sheet?? ..

Answer / mahesh

balance Sheet gives the detailed financial and business
information of total assets and liabilites of the company.
mainly it gives the performance of company by showing profit
and loss.

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com

0 Answers  


Expand WCT?

1 Answers  


what is the difference between mutual fund and banks

1 Answers   NIIT,


What is income tax,sales tax and vat?

4 Answers  


What is revaluation of assets.when it occurs

0 Answers  






if i bought 10 car @ Rs1000 each.one car i used for office use then what will be the entry?

26 Answers   ABC, Genpact,


What is BMP in IMS?

2 Answers  


Expand---------NMOP

0 Answers  


what is mean by leverage ratio?

1 Answers  


what is the golden rule of accounting.

5 Answers   Religare,


The opening Capital of a concern is Rs.30000/- owner withdral for personal use Rs.28000/- Closing capital balance of concern is Rs.37000/- choose the correct answer from the following. 1.Net Loss Rs.14000/- 2.Net Profit Rs.35000/- 3.Net profit Rs.14000/- 4.Net Loss Rs.35000/-

15 Answers   Genpact,


what is budgetory control and what are the types

0 Answers  


Categories