The financial statement which is an expression of the acc...
The financial statement which is an expression of the accounting equation is the
Trading account
Profit and loss account
Balance sheet
Statement of cash flow
Correct answer is C
A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure.
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Which of the following is not a proper form of the accounting equation? ...