Answer / m.s.s.v.sri kumar

The financial position will be displayed on the balance sheet.
The Asset and liabilities of an organization on a specified
date can get from Balance sheet.

Answer / suresh

Balance sheet is a statement showing assets and liabilities
for the particular period of time(year).B/S gives a clear
cut idea to the investors whether to invest in the
particular company or not.

Answer / badri

A little elaborate-------------------------

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
financing methods (such as liabilities and shareholders'
equity), and the second part shows all the productive assets
a company owns. Also called statement of condition.

Interested parties :- Obviously for all the stake holders
and investors.

Answer / srinivas annavarapu

Assets and Liabilities of a firm / organsisation is listed
in Balance sheet which indicates the Financial position of
the organisation.

Answer / prabhu

to know the financial position of the business concern

Answer / pravi

The financial position
of a concern is
revealed by its
assests and its
liabilities.On the left
side of this statement
the liabilities and
capital are shown.On
the right hand side all
the assests are
shown.Therefore the
two sides of the
balance sheet must
always be equal.

Answer / satish kumar.k

Balance is a statement of Assets & Liabilites of the firm,
under Assets column Fixed Assets, Current Assets & Loans
and Advances and Misc. expenses ( to the extent not written
off)-- these are subheads will appear. And on Liabilities
side of Balance sheet Share Capital ,Reserves & Surpluses,
Secured Loans & unsecured loans, loans and advances,etc.,
will appear .

Answer / giriraj_sikri

balance sheet is the statement showing of all assets and
liabilities for the accounting period and given by banking
and other transations and given by profit & loss of
previous year so easely we will be find and get them b/
sheet .....

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