Advertisements
Advertisements
प्रश्न
The Balance Sheet shows the financial position of an enterprise ______.
पर्याय
over a period of time.
during a period of time.
for a period of time.
at a point of time.
MCQ
रिकाम्या जागा भरा
Advertisements
उत्तर
The Balance Sheet shows the financial position of an enterprise at a point of time.
Explanation:
A balance sheet acts like a financial snapshot of a business. Unlike an income statement that tracks revenue over a period of time, a balance sheet shows the exact value of what a company owns (assets) and owes (liabilities) on one specific date (e.g., as of December 31). Therefore, it reflects the financial position at a single, exact point of time.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
