Q
Which of the following statements is false ? select the false from below options
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A
A. Balance sheet discloses financial position of the business
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B
B. A person who owes to the business is called debtor
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C
C. Decrease in the value of the asset could decrease the value of a liability
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D
D. Assets are to be shown in the balance sheet at the realizable value
Correct Answer:
D. D. Assets are to be shown in the balance sheet at the realizable value
