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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Financial position of a business is ascertained on the basis of ___________. - Accountancy

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Question

Financial position of a business is ascertained on the basis of ___________.

Options

  • Journal

  • Trial balance

  • Balance Sheet

  • Ledger

MCQ
Fill in the Blanks

Solution

Financial position of a business is ascertained on the basis of Balance Sheet.

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Chapter 1: Introduction to Accounting - Multiple choice questions [Page 12]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 1 Introduction to Accounting
Multiple choice questions | Q I 4. | Page 12
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