Accountancy, asked by Taris4445, 1 year ago

What is memorandum balance sheet?and What's the difference between a Balance Sheet and Memorandum Balance Sheet?

Answers

Answered by Anonymous
6
Hye!!!...


Ur answer is ;-
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In order to ascertain the book value of the Sundry assets, Memorandum Balance Sheet is prepared. In short, Memorandum Balance Sheet is prepared to ascertain the Sundry Assets and the Balance Sheet is a statement that depicts the position of Assets and Liabilities.

#riShu;-)
Answered by Anonymous
0
balance sheet is prepared whereas memorandum balance sheet is prepare to ascertain
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