Multiple Choice Questions on The following is a statement showing the financial Status of a company at any time ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

The following is a statement showing the financial Status of a company at any time ........

General Accounting Principles Introduction to Accounting
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    The following  is a statement  showing the financial Status of a company at any time

    Trading account
     
    Incorrect Answer
    Profit & Loss statement
     
    Incorrect Answer
     Balance Sheet   
     
    Correct Answer
    None of the above 
     
    Incorrect Answer
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    Explanation:

    Balance Sheet is a statement showing the financial status of the company at any given time. The balance sheet, together with the income statement and cash flow statement, make up the cornerstone of any company's financial statements

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