Accountancy, asked by lilbleu, 2 months ago

What is the purpose to prepare a Statement of Financial Position (Balance Sheet)?

Answers

Answered by kanishkkhanna158

0

Explanation:

The purpose of the balance sheet is to inform the reader about the current status of the business as of the date listed on the balance sheet.

Answered by Anonymous

0

Answer:

The purpose of the balance sheet is to inform the reader about the current status of the business as of the date listed on the balance sheet...

Explanation:

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