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Question 155Asked in DSSSB TGT Computer Science, 25 Jun 2023, Shift 3 (4:30 PM)

The ______ displays assets, liabilities and owner's equity.

The ______ displays assets, liabilities and owner's equity.
  1. ANone of the given options
  2. BIncome statement
  3. CCash flow statement
  4. DBalance sheet
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Correct answer: (D) Balance sheet

Explanation

The balance sheet shows a firm's assets, liabilities and owner's equity at a given date (Assets = Liabilities + Equity).

From DSSSB TGT Computer Science PYQ, 25 Jun 2023, Shift 3 (4:30 PM)

This is question 155 of DSSSB TGT Computer Science PYQ, 25 Jun 2023, Shift 3 (4:30 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.