why net profit is added to balance sheet, is there any
reason
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Answer Posted / ajay prathap
The net profit is the profit finally available to the
enterprise for appropriation. This profit could be
distributed as dividend to share holders or retained in
business. That means profit is a liability to share holders
so,it will shown liabilities side of b/s.
| Is This Answer Correct ? | 8 Yes | 1 No |
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