Question

what are the disadvantages of preparing the classified balance sheet ?

what are the disadvantages of preparing the classified balance sheet ?

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Answer #1

ANSWER:

THE DISADVANTAGES BALANCE SHEET

  • a balance sheet is a snapshot in time of organization possesses resources what it owes liabilities and the investors enthusiasm for the organization investors value.
  • The accounting report is utilized inside to help deal with the organization and remotely to report the organization's money related condition.
  • The benefits of the accounting report include the significant data it passes on be that as it may, the utilization of obsolete qualities for specific resources is a significant inconvenience.

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