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What is the difference between balance sheet and financial statement if there is any........?
Balance Sheet: Balance sheet is the financial picture of an organization on a given day. while financial statement is a broader term and it can be for a very long time. financial statment is a formal record of business financial activities. it can be a day. month a year or so on. while balance sheet is just a part of a financial statement. in short balance sheet is also a finanaical statement. but finanacial statement can not be balance sheet..
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Difference between outstanding balance and Statement Balance?
speelling
Difference between cash flow statement and cash book?
Cash book is made before making Balance sheet because ash book balance is transfer to balance sheet but Cash flow statement is made after balance sheet. 2. Cash book is subsidiary book of accounts and cash flow statement is a Financial Statement.
Difference between balance sheet and cash flow statement?
Balance Sheet shows the overall business position at any given day of financial year from starting day of the business. Cash Flow Statement just show the cash inflow and outflows in current financial year in the business.
What is the difference between balance sheet and worksheet?
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and shareholders' equity. It is a formal report prepared by accountants for external stakeholders. On the other hand, a worksheet is an internal document used by accountants to organize and record adjusting entries and prepare financial statements. It is a tool to facilitate the preparation of financial statements and is not typically shared with external parties.
What is the difference between the unadjusted trial balance and the adjusted trial balance?
The difference between adjusted and Un-adjusted trial balance is that in adjusted trial balance the items of balance sheet and income statement are randomly but in adjusted trial balance the items are in tabular form.
What is the difference between final account and financial statement?
Financial Statement: Financial statement is a instrument used to present a companies financial position. Financial statement complies with balance sheet, cash flow and funds flow statements. Final accounts is the final stage of preparation of financial statement
Difference between outstanding balance and Statement Balance?
speelling
What is your conclusion in financial statement?
the financial statement helps one to know the difference between income or gains and expenses or losses in p and l A/C.and the balance sheet to compare with the last years profits.
Difference between cash flow statement and cash book?
Cash book is made before making Balance sheet because ash book balance is transfer to balance sheet but Cash flow statement is made after balance sheet. 2. Cash book is subsidiary book of accounts and cash flow statement is a Financial Statement.
What is the difference between the remaining statement balance and the statement balance on my account?
The remaining statement balance is the amount left to pay after the statement balance has been paid. The statement balance is the total amount due on your account at the end of the billing cycle.
Difference between balance sheet and consolidated balance sheet?
Simple balance sheet provides information of one single company only while consolidated balance sheet provides the information of parent as well as child company as a single financial statement.
What is the difference between my current balance and my remaining statement balance?
Your current balance is the total amount you owe on your account at the moment, while your remaining statement balance is the amount you still need to pay from your last billing statement.
What is the difference between statement balance and current balance on a credit card?
The statement balance is the amount you owe at the end of your billing cycle, while the current balance includes any recent transactions that have not yet been included in the statement balance.
Difference between balance sheet and cash flow statement?
Balance Sheet shows the overall business position at any given day of financial year from starting day of the business. Cash Flow Statement just show the cash inflow and outflows in current financial year in the business.
Can you explain the difference between statement balance and current balance?
The statement balance is the amount you owed at the end of the last billing cycle, while the current balance includes any recent transactions or payments.
What is the difference between the statement balance and the current balance on my account?
The statement balance is the amount you owed at the end of the last billing cycle, while the current balance includes any recent transactions or payments made since the statement was issued.
What is the difference between the statement balance and the remaining statement balance on a credit card?
The statement balance is the total amount you owe on your credit card at the end of the billing cycle, while the remaining statement balance is the amount you still need to pay after making a partial payment.
