What is Balance sheet?
How to know the financial position of the company in
balance shhet?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Who will be called as consignee

1623


You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger

2817


bank exam paper

1760


Please share different type of Z report

931


Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2187






what are the importance accounting entries for AP and AR process in interview..

1161


Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.

1916


How exchange rates are maintained in sap

1468


can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?

1752


how to mention last year profit of ay private limited company in current year balance sheet ?

819


hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?

1513


i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............

2005


are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?

1997


What is limit of turnover for registering under CST & limit of Form 'C '

11062


institutional investors?

1548