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BCom Tuition > Learn BCom Tuition > What is a Balance Sheet? Why is it prepared?
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What is a Balance Sheet? Why is it prepared?

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Balance sheet is the statement of expenses & losses and assets & liabilities. it is prepared for getting profit or loss for financial year.
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Accounting and Taxation Expert

Balance sheet is a progress report of a company, which is prepared every financial year for the shareholders and investors which helps to them to take decision regarding investment.
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Education is BASIC NEED like BREATHING-EATING

Balance sheet is a detailed report on the profitability and wealth standing of a company, must be prepared each year in cases of companies, registered partnerships etc., this presentation help the internal stake holders (management, shareholders, employees) and external stake holders (prospective investors,...
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Balance sheet is a detailed report on the profitability and wealth standing of a company, must be prepared each year in cases of companies, registered partnerships etc., this presentation help the internal stake holders (management, shareholders, employees) and external stake holders (prospective investors, suppliers, lenders etc.) take their decisions regarding business or business association with the company. read less
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Experienced Finance and Management Teaching Professional looking for result oriented subject formation and training

Balance Sheet is a Statement of Account and which is prepared to find out the Financial Position of a company as on a particular date
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