What is Balance sheet?
How to know the financial position of the company in
balance shhet?
Answers were Sorted based on User's Feedback
Answer / vikash
balace sheet is the financeial position
How to know the financial position of the company in
balance shhet?
Is This Answer Correct ? | 7 Yes | 3 No |
Answer / venkatesh singh
Balance sheet represents finacial postion at given point
of time. It includes liablities(what org. owes) and assets
(what an org. owns) only.
Financial position of the Company from the Balance Sheet
can be analyse by ,concept of RATIO ANALYSIS.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / senthil kumar
Balance sheet is Nothing but to know the income and
expenses of the company. if the income is higher in the
balance sheet company is in good fianancial position. if
the company is in higher in expenses side then company is
in loss
Is This Answer Correct ? | 9 Yes | 7 No |
Answer / preeti gupta
Balance Sheet is the statement prepared on a particular
date, which shows the position of company in terms of
Assets and Laibilities of the Company on that date.
Financial position of the Company from the Balance Sheet
can be analyse by calculating Net Worth (Sharecapital +
Reserve & Surplus), current Ratio (Current Asset-Current
Laibilities).
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / murali royal
Balance sheet is statement, which contains Liabilities and
Assets which shows the financial position of company for a
particular date or time.
By observing the Application of money and sources of money.
Is This Answer Correct ? | 2 Yes | 3 No |
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