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The basic functions of a balance sheet are:
1. It provides the financial place of a company on any given date
2. It provides the liquidity picture of the concern.
3. It provides the solvency position of the concern.
The basic components of a balance sheet are:
Pro-forma of a Balance sheet is as follows:
Balance sheet of ABC Ltd as on 31st December 2005
Lego Toys is planning to produce new toys at its factories. The setup cost of the production facilities, production costs and profits for each toy are given below: Toy Setup c
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Journal voucher is the voucher in which all the adjustment related entries and non cash non bank transactions are come ijournal eg-dep, some of them book the bills in journal and
Profitability refers to a company's ability to obtain profits and positive cash flows and to its ability to obtain an adequate return on invested capital or a company's ability to
decrease in assat & decrease in capital
Government: In a mixed economy this is seems to be the duty of the Government to direct the operation of the economic system in that a way which it subseries the general good. Con
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1. PDQ Corp. has sales of $4,000,000; the firm''s cost of goods sold is $2,500,000; and its total operating expenses are $600,000. The firm''s interest expense is $250,000, and the
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