तुलन पत्र (Balance Sheet) की उपयोगिता की व्याख्या करें।
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Balance sheet:
A balance sheet is a financial statement that reports a company's assets, liabilities, and shareholder equity. The balance sheet is one of the three core financial statements that are used to evaluate a business. It provides a snapshot of a company's finances (what it owns and owes) as of the date of publication.
Purpose of Balance Sheet:
- It provides the details about the debt funding availed by the organization.
- Gives the information regarding the net worth of the company.
- Tells about the assets creation of the organization
- It gives the financial condition of the organization.
- it reveals the amount of investment needed to support the sales and profits shown on the income statement.
- The balance sheet provides information on a company's resources (assets) and its sources of capital (equity and liabilities/debt)
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