write the main heading of the company balance sheet
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A typical balance sheet starts with a heading which consists of three lines. The first line presents the name of the company; the second describes the title of the report; and the third states the date of the report.
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The main heading of the balance sheet of the company is the Name of the Company
Explanation:
- Balance sheet is one of the vital financial statements, which reports or records the shareholders' equity, assets and liabilities of the company at a particular point of time. It provides the basis for evaluating or determining the rates of return and computing the capital structure.
When the balance sheet is made, there are 3 headings to be stated and which are:
1. Name of the Company ( this is the main heading and its example is Mohan and Company)
2. Balance Sheet (as a heading)
3. Date is to be mentioned ( like as on December 31, 20XX)
You can learn more from here about Balance Sheet:
https://brainly.in/question/4918849
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