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What does balance sheet show?

1- Profit earned by business

2- Total capital employed

3- Financial position of the business

4- Trading results of the business

Finance
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Question added by Muhammad Aamir Ayaz , Internee , Dawood Lawrencepur Limited
Date Posted: 2015/09/18
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Lesley Lanag CMA CPA
by Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

3. Financial Position.

 

The balance sheet is also called Statement of Financial Positiion.

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