A Balance Sheet tallies; because: / » Strategic Financial Management solved MCQs / By admin Question: A Balance Sheet tallies; because: A. it is based on double entry system of accounting B. it is based on single entry system of accounting. C. all accounts are computerise d. D. total of assets equals to the total of liabilities Answer» a. it is based on double entry system of accounting Note: The above multiple-choice question is for all general and Competitive Exams in India.
