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Q. |
Balance Sheet of a firm indicates which of the following? |
A. | Profit or Loss over a period. |
B. | Financial position of the unit over a period. |
C. | Financial position of the unit as on a particular date. |
D. | Position of assets and liabilities over a period of time |
E. | None of the above |
Answer» C. Financial position of the unit as on a particular date. |
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