Explain the objectives of Balance sheet.
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Present the actual financial position of your business. Keep a track of the debits and credits. Evaluate the value and position of all the assets and liabilities. Know the amount of capital owed to the owner at the year-end.
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Objectives of a balance sheet...
Present the actual financial position of your business. Keep a track of the debits and credits. Evaluate the value and position of all the assets and liabilities. Know the amount of capital owed to the owner at the year-end.
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