Financial Accounting MCQs

____ shows the position of Assets and Liabilities of a business entity as on a particular date

April 25, 2022

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____ shows the position of Assets and Liabilities of a business entity as on a particular date

Q. ____ shows the position of Assets and Liabilities of a business entity as on a particular date.

A. P & L A/c

B. P & L appropriation A/c

C. Balance sheet

D. Suspense Account

Answer: Balance sheet

____ shows the position of Assets and Liabilities of a business entity as on a particular date

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____ shows the position of Assets and Liabilities of a business entity as on a particular date

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