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what is Balanceshet?
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Answer / chetan chavan
balance sheet is showing company's overall liabilities & assets, in their company's capital fund, loan fund, working capital of the company, asset of the firm.
balance sheet also maintain the outstanding liabilities, advances, debtor & creditor of the firm.
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Answer / rajendra shinde
balancesheet shows the financial position of company which
indicates by the Assets and Liabilities it is two part of
balancesheet which shows Incomes and Losses of that company
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Answer / pisey
The Balance Sheet is a type of Financial Statement which
record the ending balance, and the formula is
Asset = Liability + Equity
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Answer / bharat gahan
Balance sheet is statement showing the financial position of a business firm
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what perposs calculate the fixed assets
Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
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Audit 
