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What is Balance Sheet?
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Answer Posted / arun
the main object of preparing balance sheet is "to know the
source of the funds i.e called as liablities and application
of funds i.e assets
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Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
