A___ presents side-by-side information about an entity's assets, liabilities, and shareholders' equity as of multiple points in time

Comparative income statement

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Comparative balance sheet

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Cash flow statement

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All of these

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The correct option is B
Comparative balance sheet

A comparative balance sheet presents side-by-side information about an entity's assets, liabilities, and shareholders' equity as of multiple points in time

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Q. A comparative statement presents side-by-side information about an entity's assets and liabilities as of multiple points in time.

Following is the Balance Sheet of Wisben Led , as on 31st March, 2012.

$\begin{matrix} Particulars & Notes to & Current Year & Previous Year (Rs) & (Rs) 1. Equity and Liabilities : (1) Shareholders' Funds (a) Share Capital & 7, 00, 000 & 6, 00, 000 (b) Reserve and Surplus (Profit and Loss Balance) & 2, 00, 000 & 1, 10, 000 (2) Non-current Liabilities Long-term Borrowings & 3, 00, 000 & 2, 00, 000 (3) Current Liabilities Trade Payables & 30, 000 & 25, 000 Total & 12, 30, 000 & 9, 35, 000 II. Assets : (1)Non-current Assets & 11, 00, 000 & 8, 00, 000 (a) Fixed Asset : Tangible Assets (2) Current Assets (a)Inventories & 70, 000 & 60, 000 (b) Trade Receivables & 32, 000 & 40, 000 CAsh and Cash Equivalents & 28, 000 & 35, 000 Total & 12, 30, 000 & 9, 35, 000 \end{matrix}$

Adjustments : During the year a piece of machinery of the book value of Rs 80,000 was sold for Rs 65,000.Depreciation provided on tangible assets during the year amounted to Rs 2,00,000. Prepare a Cash Flow Statement.

Which financial statement presents a summary of the Assets, Liabilities, and Shareholders' Fund of a company?

Name the major headings under which the equity & liabilities side of a Company's Balance Sheet is organised and presented.

Following is the Balance Sheet of Raj Oil Mills Limited as at March 31, 2017. Calculate Current Ratio.

Particulars	(Rs)
I. Equity and Liabilities:
1. Shareholders’ funds
a) Share capital	7,90,000
b) Reserves and surplus	35,000
2. Current Liabilities
a) Trade Payables	72,000
Total	8,97,000
II. Assets
1. Non-current Assets
a) Fixed assets
Tangible assets	7,53,000
2. Current Assets
a) Inventories	55,800
b) Trade Receivables	28,800
c) Cash and cash equivalents	59,400
Total	8,97,000

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A___ presents side-by-side information about an entity's assets, liabilities, and shareholders' equity as of multiple points in time

The correct option is B Comparative balance sheet A comparative balance sheet presents side-by-side information about an entity's assets, liabilities, and shareholders' equity as of multiple points in time

The correct option is B
Comparative balance sheet

A comparative balance sheet presents side-by-side information about an entity's assets, liabilities, and shareholders' equity as of multiple points in time