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What is Balance sheet?
How to know the financial position of the company in
balance shhet?
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Answer Posted / preeti gupta
Balance Sheet is the statement prepared on a particular
date, which shows the position of company in terms of
Assets and Laibilities of the Company on that date.
Financial position of the Company from the Balance Sheet
can be analyse by calculating Net Worth (Sharecapital +
Reserve & Surplus), current Ratio (Current Asset-Current
Laibilities).
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