Question

You all have 1000 rupees. Make a plan to make it 10,000 rupees in one week.​

Answer 1

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Put simply, on-balance sheet items are items that are recorded on a company's balance sheet. ... Off-balance sheet items, however, are not considered assets or liabilities as they are owned or claimed by an external source, and do not affect the financial position of the business.

Answer 2

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Put simply, on-balance sheet items are items that are recorded on a company's balance sheet. ... Off-balance sheet items, however, are not considered assets or liabilities as they are owned or claimed by an external source, and do not affect the financial position of the business.