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Accounting Mcqs

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

Submitted By :Ali Uppal

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