What is the theory for the balance sheet? Also how do you
solve errors?



What is the theory for the balance sheet? Also how do you solve errors?..

Answer / sumitra.raghavan

balance sheet is a statement which provides us wid the assets
and liabilites as at particular date.total asset =total
liability coz of dual entry system of a/cing.
errors are rectified by passing rectification of error entries

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