Viewpoint of comparative balance sheet
Answers
Answer:
The comparative balance sheet is a balance sheet which provides financial figures of Assets, Liability and equity for the “two or more period of the same company” or “two or more than two company of same industry” or “two or more subsidiaries of same company” at the same page format so that this can be easily understandable and easy to analysis.
The comparative balance sheet has two-column of amount against each balance sheet items; one column shows the current year financial position, whereas another column will show the previous year’s financial position so that investors or other stakeholders can easily understand and analyze the company’s financial performance against last year.
Answer:
Answer:
The comparative balance sheet is a balance sheet which provides financial figures of Assets, Liability and equity for the “two or more period of the same company” or “two or more than two company of same industry” or “two or more subsidiaries of same company” at the same page format so that this can be easily understandable and easy to analysis.
The comparative balance sheet has two-column of amount against each balance sheet items; one column shows the current year financial position, whereas another column will show the previous year’s financial position so that investors or other stakeholders can easily understand and analyze the company’s financial performance against last year.