Business Studies, asked by cutiepieeeee, 5 months ago

Balance Sheet depicts the financial position of a concern' Justify.​

Answers

Answered by Anonymous
11

Explanation:

Definition & Example of a Balance Sheet

A balance sheet is a statement of the financial position of a business that lists the assets, liabilities, and owners' equity at a particular point in time. In other words, the balance sheet illustrates a business's net worth.

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