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Category: Accounting MCQs
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Which of the following statements is false ? select the false from below options

A: Balance Sheet discloses financial position of the business

B: A person who owes to the business is called Debtor

C: Decrease in the value of the asset could decrease the value of a liability

D: Assets are to be shown in the Balance Sheet at the realizable value Read More Details about this Mcq

Check Correct Option

Assets are to be shown in the Balance Sheet at the realizable value

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