English, asked by sujatadalai522, 5 months ago

3. Balance Sheet divided into 2 parts

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Answered by priyanka7389

1

Answer:

When creating a balance sheet for your business it's important to understand that, as the name suggests, your balance sheet must always be balanced. A balance sheet is divided into two sections, with one side representing your business's assets and the other showing its liabilities and shareholders equity.

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