Accountancy, asked by Anonymous, 1 year ago

how is the balance sheet is talleyed if something is missing

Answers

Answered by Vickypanjiyar

By taking help of a neqly opened account , known as
"Suspense A/c." .

varsha2720: how is this possible that the assets n liabilities are equal for any business unit

Vickypanjiyar: Asset side and liability side is always equal

Vickypanjiyar: in balance sheet

Vickypanjiyar: since, capital is also a liability

varsha2720: what If the debtors or B.P. increase or decrease. how can they be exact to tally with

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