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| Q. |
Which of the following statements is false? |
| A. | Balance Sheet discloses financial position of the business |
| B. | A person who owes to the business is called Debtor |
| C. | Decrease in the value of the asset could decrease the value of a liability |
| D. | Assets are to be shown in the Balance Sheet at the realizable value |
| Answer» D. Assets are to be shown in the Balance Sheet at the realizable value | |
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