Accountancy, asked by ayeshjulna77, 10 months ago

Statement of affairs is prepared to ascertain

Answers

Answered by Anonymous

It is a statement that shows all the assets one side and all the liabilities on the another side.

We prepare the Statement of Affairs at the beginning of the year to ascertain the opening capital and at the end of the year to ascertain the closing capital.

ItzDopeGirl

Previous Question

Next Question

Similar questions

Social Sciences, 5 months ago

Acid rain destroys the ecosystem give reason...

Science, 5 months ago

What are Canal rays please answer correctly .

Chemistry, 5 months ago

How many gram of magnesium will have the same number of atoms as 6gram of carbon.

Biology, 10 months ago

can someone plz anwer these questions...

English, 10 months ago

Answer the above question which is in the picture All the answers Answer fast...

English, 1 year ago

noun form of enclose...

Math, 1 year ago

What is the process for drawing a circle passing through points in a triangle.

Science, 1 year ago

Write a letter to your brother! in which you have to write ♥♡Describe about your brainly journey ♡♥ ♡♥Write about your friends and foes ♥♡ ♥♡Write about your best day and worst day on brainly ♡♥ #Every one have right to answer ! #High rankers and experienced people are requested to answer. !