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
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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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Question : The difference in the value of visible exports and visible imports is called :
Question : The bill which provided for the trial of British or European persons by Indians was ______.
Question : Which of the following bills can be initiated only in the Lok Sabha?
Question : The Balance of Payment Account of an economy is related to the ____________.
Question : The difference between a discount of 25% and two successive discounts of 15% and 10% on a certain bill was 25. Find the amount of the bill.
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