Which of the following Accounts/ Statements shows the financial position of the business?

QuestionsCategory: CommerceWhich of the following Accounts/ Statements shows the financial position of the business?
VideRime Staff asked 3 years ago

Which of the following Accounts/ Statements shows the financial position of the business?

a) Profit and Loss Account

b) Balance Sheet   (Ans)

c) Funds Flow Statement

d) Cash-Book