Accountancy, asked by bugudesanthoshini, 2 months ago

what will the surplus and total of balance sheet be?

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Answered by Anonymous

Answer:

Balance sheet equation is Assets = Liabilities + Shareholders' Equity. ... The surplus is where the profits of the company reside. This is one of the points where the balance sheet and the P&L interact. Dividends are paid out of the surplus.

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what will the surplus and total of balance sheet be?​

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what will the surplus and total of balance sheet be?