Answer to Question #140807 in Finance for sneha

Question

Mr. Kohli is planning to invest in the share market. He wants to study the Balance
Sheet of Amul Industries. He wants your guidance in finding the various elements of
the Balance Sheet of Amul Industries. Kindly discuss the same

Answer 1

The balance sheet contains various elements. The first element is the assets. The assets includes both fixed and current assets that the firm posses. Besides that it also contains liabilities; both short-term and long-term. Liabilities show the debts that the firm owes other people. Finally, it must contain the owner's equity.