Adjustments helps to provide true and fair view of the ____________ of the business.

State of affairs

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Position of cash

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Capital composition

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None

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Solution

The correct option is A State of affairs
The Companies Act requires that every balance sheet of a company should give a true and fair view of the state of affairs of the company as at the end of the financial year and every profit and loss of a company should give a true and fair view of the profit or loss of the company for the financial year.

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