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A statement showing the balances of assets and liabilities is called as ……… (a) Profit & loss A/c (b) Trading A/c (c) Balance sheet

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in Introduction to Accounting by (48.2k points)

A statement showing the balances of assets and liabilities is called as ………

(a) Profit & loss A/c

(b) Trading A/c

(c) Balance sheet 

(d) Final A/c

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1 Answer

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by (48.5k points)

(c) Balance sheet

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