Accountancy, asked by ShaikhMehvish7937, 1 year ago

What do you mean by window dressing of balance sheet?

Answers

Answered by Erothar
1

Window Dressing in balance sheet means that making or altering it in a way which results in an attractive look. Simply it means making it attractive for outsiders like investors, banks for the benefit of the owner of that business.

It is like showing beautiful aspects of the business and hiding the negative once.

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