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What is the difference between provisional balance sheet and estimated balance sheet?
Provisional balance sheets are used by companies to prepare for financial audits. An estimated balance sheet is used by companies to show projected growth for investors.
What is the different between condlidated balance sheet and acutal balance sheet?
Consolidated balance sheet shows the record of full group of companies while simple balance sheet shows the record of single company.
Balance sheet as per companies act 1956 part 1 sedule 6?
I want company balance sheet as per schedule 6 part1 of the companies act. 1956.
Format of balance sheet of manufacturing company as per Schedule VI of Companies Act 1956?
where we can show bank overdraft in balance sheet
What is a comparative balance sheet?
Comparative balance sheet is that balance sheet in which comparison for more than one period is done to find out the performance of company.
What is the formula for consolidation balance sheet?
There is no simple formula for consolidated balance sheet but in consolidated balance sheet all assets and liabilities of parent and child companies are joint together to show in one financial statement.
What happens when your balance sheet does not balance?
If your double-entry records are correct, a balance sheet will always balance (by definition).ASSETS = LIABILITIES + EQUITYIf it does not balance, check all your entries, since the last balance sheet that did balance. You will find one or more errors to correct. Find and correct all of the errors until the balance sheet balances.
Are consolidated and comparative balance sheet same?
1. Comparative balance sheet means to use balance sheet of the competitors with base company to compare that how the company in evaluation is performing against its competitors while consolidated balance sheet is prepared when there is parent and subsidiary companies relationship exists and all the information of parent company as well as the subsidiary companies is shown within one financial statement.
Is stocks of other corporations included in the balance sheet investment account?
Yes investment account in balance sheet shows the investment in stocks of other companies only.
Where do you find positive and negative numbers in finance?
In a company balance sheet.In a company balance sheet.In a company balance sheet.In a company balance sheet.
What is the Importance of the Valuation?
It is a balance sheet disclosure required for public companies' annual reports.
How do you consolidate balance sheet?
in consolidated balance sheet all assets and liabilities of parent and subsidiary is shown altogether.
