what is a balance sheet
Answers were Sorted based on User's Feedback
Answer / hemant dubey
balance sheet is the statement which show the financila
position of the compnay .
what is the position of libialites and Aeests during the
end of year.
Is This Answer Correct ? | 12 Yes | 1 No |
Answer / ranganath
Ballance shet is the final statement of libility and asset
Is This Answer Correct ? | 10 Yes | 0 No |
Answer / mastan
Ballance shet is a statement wich is devided in 2 categares,
left with libility and right wit asset
Is This Answer Correct ? | 11 Yes | 2 No |
Answer / mohammed badiuddin
it is a financial statement preparing at the end of the day
of the year which shows sources of funds and application of
funds. it shows the financial position of the company.
Is This Answer Correct ? | 6 Yes | 2 No |
A quantitative summary of a company's financial condition at a specific point in time, including assets, liabilities and net worth. The first part of a balance sheet shows all the productive assets a company owns, and the second part shows all the financing methods (such as liabilities and shareholders' equity). also called statement of condition.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / maqbool
Balance sheet is a statement prepared at the end of the
peroid to know the financial poistion of a company.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / suraj shaik
balance sheet means it is a statement of assets
&liabilities the balance will be prepared after
trading&p&la/c . the main aim of the balance sheet is to
know the financial position of the business. the
assets&liabilities will be shown in 'T' form assets on
right side liabilities on left side.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / ketan k. bhalgamiya
Balance Sheet is a Statement that shows the Financil
Condition of the Company including Debt, Liabilities,
Assets, Investments, Share Capital, Reserves & Surplus
under the different heads...
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / prasad
Balance Sheet shows the financial positions of the organisation at any particular time.
Is This Answer Correct ? | 0 Yes | 0 No |
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