Balance sheet quotes. Get indian oil corporation latest balance sheet financial statements and indian oil corporation detailed profit and loss accounts. The balance sheet adheres to the following equation where assets on one side and liabilities plus shareholders equity on the other balance out. The balance sheet is a hugely important report and is divided into three main segments assets often divided into current assets and fixed assets liabilities and shareholder equity or retained earnings known as capital and reserves in kashflow.
A company can also make balance sheet summary form but it has to attach its schedule in which explanation of different. The federal reserves move to trim the size of its bond holdings has exacerbated recent declines in prices for risky assets around the world investors say. Preparation of balance sheet of company is very necessary because indian company law 1956 gives strict instruction about the format of balance sheet of a company.
A company can make balance sheet according to the form given in part i of schedule vi of company law 1956. Get acc latest balance sheet financial statements and acc detailed profit and loss accounts. Balance sheet for apple inc.