What is Balance Sheet?
Answer Posted / bhuvaneswari
A Balance Sheet is a statement prepared to ascertain the true position of assets and liabilities as on a particular date of the organisation. It is prepared at the end of the accounting period, after the preparation of profit and loss account.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Define The Term Journal And Explain The Present Day Use?
how to maintain stock if any entry mismatch pllzz tell me short cut
How goodwill is accounted for the first time in a company .
what are the types of provisions that you would make for the end of a financial year?explain
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
How Many Types of Excise Duties?
Short Answer on __________Revenue
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Comments Elements in accounting
What was the most chlleging task you face while working in SAP FI/MM and how did you solve?
What is Goods Lost by Fire/Accident/Theft ?
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
In what cases can Convertible bonds be considerred as derivatives?
What do mean by Computerization of accounts
What is functional area,trading partner in sap fico