Advertisements
Advertisements
प्रश्न
It helps the investor to know the earning capacity and financial health of the firm.
विकल्प
Trading Account
Profit and loss account
Balance sheet
Manufacturing account
उत्तर
Balance sheet
Explanation:
- Understanding a company’s balance sheet is crucial for assessing its financial health and making informed decisions.
- It shows the financial position of a concern on a particular date to the owners as well as to outsiders.
APPEARS IN
संबंधित प्रश्न
Write any two uses of the Balance Sheet?
A ______ is a statement of assets and liabilities at the end of the period. It shows the financial position of a business on a certain date and represents the third and final stage.
The excess of assets over liabilities represents the ______ of the owner.
______ is a financial statement which sets out assets and liabilities as on a certain date.
The main use(s) of a Balance Sheet for a non-trading organisation is/are ______.
It is not an account but a statement.
Which of the following is not a feature of Balance Sheet?
All membership fees collected by a non-trading concern must be entered in the assets side of the balance sheet. Justify for or against.
Balance sheet is an Account. Justify.
Receipts and payments account serves as the basis for preparing the balance sheet of non-trading organisation.
