what is the finalisation of balancesheet and how it can be
made
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Answer Posted / pravin borkar
Finalization of balance sheet is to organize the summary of
Accounts as conclusion balance and all adjustments &
provisions like
depreciation of fixed assets, provision for doubtfull
debts, provision for deffered tax liabilities/assers,
provision for various taxes and other exp etc. It is
prepared as per
standard Format for showing details of condition of
organization
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