The balance sheet is prepared __________.

For a period of time

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At a point in time

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Either A or B

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None of these

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Solution

The correct option is B
At a point in time

The balance sheet is prepared at a point in time.

Suggest Corrections

Similar questions

Balance sheet is prepared on a __________.

Discuss the need of preparing a balance sheet.

+ \sqrt{A} 2

- \frac{\sqrt{3}}{2} A

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