Accountancy, asked by radhakrishnan368, 9 months ago

write about balance sheet?

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Answered by rakzhana01

1

Answer:

balance sheet shows what a company owns (assets), what it owes (liabilities), and how much owners and shareholders have invested (equity). A balance sheet always has to balance—hence the name. Assets are on one side of the equation, and liabilities plus owner's equity is on the other side.

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