why net profit will be added to the balance sheet? is there
any reason?
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Answer Posted / neelima
Net profit should be added to the balance sheet becos the
profits earned by the company has to distribute to the
respective share holders according to their ratios. here
the company is liable to pay the profits to the
shareholders in the form of dividends
| Is This Answer Correct ? | 12 Yes | 2 No |
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