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The time frame associated with a balance sheet is:

A)point in time in the past. B)a one-year past period of time. C) a single date in the future. D) a function of the information included in it.

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/10/26
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Ibrahim Hussein Mayaleh
by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed

The Balance Sheet refer to a given point in the past

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

A. Balance sheet is prepared based on figures available as per previous records.

 

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

A)point in time in the past.

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