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What is Balance Sheet Net Profit 650000 about?
The balance sheet for ABC Enterprise as of 31 March 2026 shows total liabilities of Tk. 650,000, which includes a closing capital of Tk. 650,000 after a net profit of Tk. 650,000. The total assets, also valued at Tk. 650,000, include cash, bank balance, furniture, equipment, and closing stock. The document notes that all assets are valued at cost price and that the business follows an accrual basis of accounting.
- Author
- aviationplacementfc
- Language
- EN