Among the following which shows the financial position of the entity ........

General Accounting Principles Company Final Accounts

Among the following which shows the financial position of the entity-

Cash flow statement

Fund flow statement

Balance sheet

Profit & loss account

Answer - Balance Sheet

The balance sheet is also referred to as the statement of financial position or the statement of financial condition.

Balance sheet shows the details of the assets held by the entity and liabilities that are to be paid by the entity

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