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प्रश्न
Short Answer Question
State the importance of financial statement to shareholders.
उत्तर
Shareholders are interested in assessing the profitability and viability of the capital invested by them in the business. The financial statements prepared by the business concerns enable them to have sufficient information to assess the financial performance and financial health of the business.
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संबंधित प्रश्न
Short Answer Question
State the importance of financial statements to investors.
Long Answer Question
Explain in detail about the significance of the financial statements
Under which line item of the financial statements following items will be shown:
(i) Sales;
(ii) Loss on Sale of Vehicle;
(iii) Debentures;
(iv) Unamortised Loss on Issue of Debentures (to be written off within 12 months of the date of Balance Sheet);
(v) Encashable Leave Payable at the Time of Retirement;
(vi) Tax Reserve;
(vii) Carriage on Purchases of Stock-in-Trade; and
(viii) Telephone and Internet Expenses?
What are the importance of financial statement?
Short Answer Question
State the importance of financial statement to creditors.
Short Answer Question
State the importance of financial statement to government.
