Which of the following statements is false?
A) Balance Sheet discloses financial position of the business
B) A person who owes to the business is called Debtor
C) Decrease in the value of the asset could decrease the value of a liability
D) Assets are to be shown in the Balance Sheet at the realizable value
Correct Answer:
Verified
Q10: Which of the following will not appear
Q11: Which of the following is not a
Q12: If unexpired insurance appears in the Trial
Q13: Which of the following are/is not a
Q14: Tax deducted at source appears in the
Q16: Which of the following statements is true?
A)The
Q17: The Balance Sheet gives information regarding the
A)Results
Q18: Which of the following accounts appear(s) in
Q19: Which of the following is not an
Q20: Which of the following is a current
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