What is balance sheet?
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Answer / mangesh
balance sheet is a statement showing financial status of a
company on a Ac year end
| Is This Answer Correct ? | 29 Yes | 0 No |
Answer / jacks
balance sheet is a statement showing status of a company .
| Is This Answer Correct ? | 20 Yes | 6 No |
Answer / hrishikesh
Balance Sheet is a statement displaying position of Assets
and Liabilities of the entity as on a particular date. It
is not necessary to prepare the same at the end of year. It
can be prepared even on daily basis, if you are aware of
balances in the accounts.
| Is This Answer Correct ? | 16 Yes | 2 No |
Answer / kris
it is a statement of company/firm assets and liabilities in
a particular date as prepared.
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / suraj lachake
balance sheet is a statment showing the financial position
of the organisation and correct view of profit and loss.
| Is This Answer Correct ? | 3 Yes | 0 No |
balance sheet is the statement showing assets and
liabilites of the company on particular date.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / manish kumar
balance sheet showing the latest standerd, status and
financial position of a firm.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / sumanth
Balance Sheet is a Statement prepared to know the finacial
postion of the company as on a particular date. Whether the
compnayis in profit or in loss.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / e.vanitha sri
balance sheet is prepared for ascertainment of financial
status of business i.e., assets and liabilities of a year.
| Is This Answer Correct ? | 1 Yes | 0 No |
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