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Answer in One Sentence Only. What is Balance Sheet? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only. 
What is the Balance Sheet?

एका वाक्यात उत्तर
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उत्तर १

A Balance Sheet is a statement that contains all the assets and liabilities of the business enterprise. It helps in knowing the exact financial position of the business. Liabilities are shown on the left-hand side of the Balance Sheet whereas Assets are shown on the right-hand side.

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उत्तर २

A balance sheet is a statement showing financial position of the firm at a date.

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पाठ 2: Partnership Final Accounts - Exercise 1 [पृष्ठ ६४]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 2 Partnership Final Accounts
Exercise 1 | Q 1 | पृष्ठ ६४
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