pjlolP6retters5
pjlolP6retters5 pjlolP6retters5
  • 02-03-2016
  • Business
contestada

The main purpose of a balance sheet is to _____. comply with IRS laws obtain a bank loan show a business's financial state show profits earned

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Batman9318
Batman9318 Batman9318
  • 02-03-2016
The main purpose of a balance sheet is to show a business's financial position.
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adefioyelaoye
adefioyelaoye adefioyelaoye
  • 16-04-2020

Answer:

show a business's financial state

Explanation

Balance sheet contains the income and expenditure of the various activities in the company

Balance sheet helps in showing the financial state of a business . It helps

In telling if the business is running at a profit or loss.

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