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What is a comparative balance sheet? - Accounts

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What is a comparative balance sheet?

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उत्तर

A comparative balance sheet shows the increase and decrease in various assets, liabilities, and capital in two or more balance sheets of the same business enterprise on different dates. It helps analyze changes in financial position over time by placing data side-by-side for comparison, indicating absolute and percentage changes in each item of the balance sheet. This aids in understanding trends and financial health.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 11: Tools for Financial Analysis : Comparative Statements - SHORT ANSWER QUESTION [पृष्ठ ११.२५]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 11 Tools for Financial Analysis : Comparative Statements
SHORT ANSWER QUESTION | Q 4. | पृष्ठ ११.२५
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