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Q: What are the limitation of the conventional balance sheet?
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What the limitation of balance sheet?

-the first limitation is that a financial statement ignores the productivity and the skills of the employees in an organization. -balance sheet does not give timely and relevant information because it is based on historical costs and it does not give a fair idea about the current position of the company.


What is the limitation of conventional manufacturing process?

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Is Loan on balance sheet or off balance sheet?

Loan is on balance sheet


Difference between on balance sheet financing and off balance sheet financing?

In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.


What accounts are balance sheet accounts?

A balance sheet account is any item that is found on the financial statement known as the balance sheet. The figures reflected on the balance sheet, consist of the ending balance of the balance sheet account. After all the transactions are posted in the individual balance sheet account's "T" account (involving debits and credits), the ending balance is the amount found on the balance sheet.


Grouping and marshalling in balance sheet?

grouping and marshalling in balance sheet grouping and marshalling in balance sheet


Is there a difference between a merchandiser's balance sheet and a service company's balance sheet?

Yes in merchandiser balance sheet there is stock of items available in balance sheet while in services balance sheet there is no inventory item available.


What is a pro forma balance sheet?

Proforma balance sheet is a projected balance sheet to predict the future of business.


What are the limitation of conventional approch of managing data explain?

what are the limitations of conventional approach of managing data?explain


What does it mean a balance sheet does not balance?

my balance sheet does not balance why?


Allowance for doubtful accounts is reported in the a balance sheet or a income sheet?

balance sheet


Is EB-IT shown in balance sheet?

EBIT is not show in balance sheet rather Earning after tax is shown in balance sheet.