what is balace sheet??

Answer Posted / asain

A financial statement that summarizes a company's assets,
liabilities and shareholders' equity at a specific point in
time.

The balance sheet must follow the following formula:

Assets = Liabilities + Shareholders' Equity

Is This Answer Correct ?    5 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in

1556


SOUTH ATLANTIC OIL AND GAS INC.is a fraud company

1617


Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1450


your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework

1347


Hi all i did my M.B.A financ enw iam doing a job as a finance executive but i feel it is not good 4 me can any 1 plz guide me 4 the better career my job profile is (INVOICING)hw it is help me out 4 the better career shell i continu ein the same 1 by learning sap or oracle or shall i shift to any other if any other which job is suites to me plz suggest me

1707






Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account

1589


what happens to each of the three primary financial statements when gross margin decreases?

1563


1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

1749


Expand------------STRA

1623


what is undisclosed profit? explain

1962


How can I explain p2p process in SAP?

2736


1. Fdr mature with interest

1362


pls send me capital iq quition paper pls, ihave 2mr interview thanks

1807


income from depreciated asset is profit or loss?

1005


how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?

1462