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Question : ________ is a record of assets and liabilities of any firm.

Option 1: Bill file

Option 2: Balance of payment

Option 3: Balance sheet

Option 4: Bank bailout


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

Correct Answer: Balance sheet


Solution : The correct answer is the Balance sheet .

A balance sheet is a type of financial statement that shows an organisation's assets, liabilities and shareholders' equity as of a specific date. The assets appear on the side of the balance sheet that is opposite of the liabilities.

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