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प्रश्न
Give two advantages of comparative balance sheet.
लघु उत्तरीय
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उत्तर
Two advantages of a comparative balance sheet are:
- It shows the extent of increase or decrease in various items of the balance sheet, giving a clear picture of changes over time.
- It highlights the nature, size, and direction of changes for each item, helping in analyzing trends and the financial position of the business more effectively.
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