1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS
TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS
DEFFERED REVENUE EXPENDITURE? 6. what is mutualfund? 7. why
net profit shown liabilities side in balance sheet?

Answer Posted / sharath

brs-bankinag reconsilation statement which shows diffrence
between passbook balance of cash book and cash balance in
pass book.

trial balance-which contains the expenditures and
assets,incomes and liabilities.

differed revenue exp-the benefit of expenditure will expire
for long period.ex-company logo design or redesign

mutual fund-pool the investments from small investors and
invest in various sector of funds by experts.
7.because net profit increase the owner's capital

Is This Answer Correct ?    4 Yes 3 No



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