The financial statement which is an expression of the acc...
The financial statement which is an expression of the accounting equation is the
Trading account
Profit and loss account
Balance sheet
Statement of cash flow
Correct answer is C
A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure.
Which of the following is a capital expenditure? ...
The excess of sales over cost of goods sold is ...
Which of the following is not correct? \(\begin{array}{c|c} Assets & Liabilities & Capita...
Which of the following is an item of special assets? ...
Gross profit b/d Less: Salaries and wages ...
The authority to incur expenditure to address natural disaster is contained in ...
Which of the following errors affects the agreement of a Trial balance? ...
The excess of the market value of goods produced over the cost of production is ...