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Which Statement shows Items of value, Debit and Net Worth?

Accounting
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Question added by Tariq Raza , MANAGER FINANCIAL PLANNING AND ANALYSIS , MBE ACCOUNTING CANADA
Date Posted: 2013/12/12
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Rehan Qureshi
by Rehan Qureshi , Financial Consultant , Self Employeed

certainly Balance Sheet

Ahmed Saeed
by Ahmed Saeed , Supply Chain and Purchasing Manager , Tuff Gear Ltd.

The balance sheet is also known as the "net worth" statement. This statement records the value of the assets and liabilities (i.e. debts). This calculates the net worth of the business.

Nouman Saeed
by Nouman Saeed , Accounts Executive , Shirazi Trading Company (Pvt.) Ltd.

Balance Sheet

Ahmed Ezzat Mohamed Nasr
by Ahmed Ezzat Mohamed Nasr , Finance Director , M. Alriyadh Co. (Group of Co.)

Of course Balance Sheet or Net Worth Statement.

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