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Balance Sheet and Notes to Accounts

A balance sheet is the statement of financial position of a business organization on a given date. It shows the financial position of a business which helps stakeholders in analysing its future prospects.   The topics discussed in this article are: What is a Balance Sheet? Objectives of a Balance Sheet Base Formula of a … Read moreBalance Sheet and Notes to Accounts

Balance Sheet Explained

What is a Balance Sheet? Balance Sheet is an important part of financial statements that indicates the financial position of an entity at any given point of time. A balance sheet of an entity gives detailed information of it that can be used to know the financial stability and position of such an entity. The … Read moreBalance Sheet Explained