The main purpose of preparing balance sheet is to know the short term and long term financial position of the firm. Balance is prepared to know the value of assets and liabilities of the company at the end of the year.
The main purpose of preparing a balance sheet is to know the short-term and long-term financial position of the firm. Balance is prepared to know the value of assets and liabilities of the company at the end of the year.
A balance sheet gives you a snapshot of your company's financial position at a given point in time. Along with an income statement and a cash flow statement, a balance sheet can help business owners evaluate their company's financial standing.
The purpose of a balance sheet is to give interested parties an idea of the company's financial position, in addition to displaying what the company owns and owes. It is important that all investors know how to use, analyze and read a balance sheet.
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The main purpose of preparing balance sheet is to know the short term and long term financial position of the firm. Balance is prepared to know the value of assets and liabilities of the company at the end of the year.
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The main purpose of preparing a balance sheet is to know the short-term and long-term financial position of the firm. Balance is prepared to know the value of assets and liabilities of the company at the end of the year.
A balance sheet gives you a snapshot of your company's financial position at a given point in time. Along with an income statement and a cash flow statement, a balance sheet can help business owners evaluate their company's financial standing.
The purpose of a balance sheet is to give interested parties an idea of the company's financial position, in addition to displaying what the company owns and owes. It is important that all investors know how to use, analyze and read a balance sheet.