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Difference between Horizontal & Vertical Balance sheet
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Answer / gaurav khandelwal
VERICAL BALANCE SHEET IS REQUIRED AS PER SCHEDULE
VI ,HORIZNTOL IS VOLUNTARY
| Is This Answer Correct ? | 23 Yes | 5 No |
Answer / shubham khandelwal
The important difference between vertical and horizontal balancesheet is vertical is for companies and horizontal for firms
| Is This Answer Correct ? | 3 Yes | 7 No |
Answer / guest
The main difference between horizontal and vertical is that
in the vertical balance sheet the firstly we have taken the
fixed asset current assets and than miscelleous expenditure
in fixed assets side and in vertical is same as reverse.
In Liability side the in vertical we have taken the current
liability and than capital and horizental the reverse is
same.
| Is This Answer Correct ? | 11 Yes | 19 No |
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