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FINAL ACCOUNTS OF SOLE PROPRIETORSHIP — Commercial Studies STD 10 — Question

ICSE BoardEnglish MediumSTD 10Commercial StudiesFINAL ACCOUNTS OF SOLE PROPRIETORSHIP1 Mark
MCQ
________ is a financial statement which sets out assets and liabilities as on a certain date.
  • A
    Trading account
  • B
    Profit and Loss Account
  • ✓
    Balance Sheet
  • D
    Cash Budget
✓

Answer

Correct option: C.
Balance Sheet
C

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