Hey
A comparative balance sheet is a statement that shows the financial position of an organization over different periods.The financial position is compared with 2 or more periods to depict the trend, direction of change, analyze and take suitable actions.
Question : Which of the following statements is correct?
Question : Salaries paid Rs 4,500 and salaries debited to Income and Expenditure Account is Rs 5,000, where would the difference be transferred?
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