Question

61.
A summary of all assets and liabilities on a
particular date is shown in :
(4) Trial Balance
(B) Profit and Loss Account
(C) Balance Sheet
(D) Fund Flow Statement​

Answer 1

Answer:

Balance Sheet

Explanation:

A balance sheet shows the assets, liabilities, and net worth of an individual or entity at a given point in time. In other words, it is a snapshot or statement of financial position on a specific date.

Answer 2

Answer:

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