what is the difference between Balance sheet as on and Balance sheet as at and what is the significance of the term As on and As at"
Praveen Kumar (learner) (51 Points)
25 July 2020what is the difference between Balance sheet as on and Balance sheet as at and what is the significance of the term As on and As at"
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 25 July 2020
I guess As on year end 2020, and As at refers to a specific date. Both could mean the same as well. Check out IndAS 1, as I don’t remember any such classification, I guess it is used interchangeably.
Maryam Hasan Meem
(Student)
(448 Points)
Replied 25 July 2020
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