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Why do balance sheet always have same total of Assets and
liabilities..??? pls ans dis...my id is
business.ankita@gmail.com
- 13 Answers
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Answer / nilesh naik
Yes, a balance sheet should always balance. The name
"balance sheet" is based on the fact that assets will equal
liabilities and equity every time.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / narsing rao
in the balance sheet assets & liabilities always shows same
amount because it is accounting priciples design like
| Is This Answer Correct ? | 10 Yes | 14 No |
Answer / suneetha
trail balance tally.automatically balancesheet tally.trail
balance effect is balancesheet.actually trail balance is
problem.this is created by author.
| Is This Answer Correct ? | 2 Yes | 21 No |
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