Business Studies, asked by oyitobapts1986, 5 months ago

Briefly, what is meant by “Grouping” and “Marshalling” ?

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Answered by charukitchen0910

Answer:

Grouping of Balance Sheet means putting items of similar nature under a common heading. Marshalling of Balance Sheet means arranging the assets and liabilities in a particular order, i.e., in order of permanence or in order of liquidity. Answer.

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