| A. |
A company's balance sheet is prepared in the order of permanence whereas a partnership firm's balance sheet is usually, prepared in order of liquidity.
|
| B. |
For a company's balance sheet, there are two standard forms prescribed under the Companies Act, 1956 whereas, there is no standard form prescribed under the Indian Partnership Act. 1932 for a partnership firm's balance sheet.
|
| C. |
In case of a company's balance sheet, previous year's figures are required to be given, whereas, it is not so in the case of a partnership firm's balance sheet.
|
| D. | All of the above |
Answer : D Explanation : |
|
|
Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
