why net profit will be added to the balance sheet? is there
any reason?

Answer Posted / madhavi

Balance Sheet represents the financial position of an
organisation. By looking into balance sheet one must be
able to know the financial status of a company..etc.
It contains the information of all the assets and
liabilities.Net profit will be added to the balance sheet
to give a clear picture of the financial position.

Is This Answer Correct ?    17 Yes 12 No



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