Sponsored Advertisement
इंडियन गवर्नमेंट एग्जाम प्रेप
Which of the following equation is true for balance sheet
Correct Answer: A
Solution & Explanation
The balance sheet displays the company’s total assets, and how these assets are financed, through either debt or equity. It can also be referred to as a statement of net worth, or a statement of financial position. The balance sheet is based on the fundamental equation: Assets = Liabilities + Equity(Capital).
Advertisement
संबंधित प्रश्न (Related)
Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally
Party account can be created through
“Alias” represents
Full form of ODBC
To see reports of Job Work Analysis
Promoted Content