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A balance sheet which is intended to present fairly the financial position of a company, frequently is criticized for not reflecting all assets under the control of a company. And hereby, I have mentioned the five examples of assets which are not presently included on the balance sheet with the discussion of the implications of unrecorded assets for financial statement analysis.
Each and every company’s balance sheet is prepared to know the financial position of the company. Balance sheet always involves with assets and liabilities in the financial statement.
And some of the assets which are not recorded in the balance sheet are as follows:
They are very much important assets but never ever recorded but paid salary according to their performances.
Balance Sheet in Analysis of Company's Financial Condition. (2020, Jun 01). Retrieved from https://studymoose.com/balance-sheet-in-analysis-of-companys-financial-condition-essay
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