Question

Explain balance sheet? What are the particulars debit and credit in balance sheet give 5 examples for debit and credit ?

Answer 1

heyaa,,
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Explain balance sheet? What are the particulars debit and credit in balance sheet give 5 examples for debit and credit ?
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Balance sheet is nothing but it is sum of all assets(Stock, furniture, debtors etc.) which is equals to the sum of liability (creditor's) and the capital...
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for example see the attachment.
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hope it helps...