balance sheet

is it necessary to write date in balance sheet?
Replies (4)
Yes to know as at what date you have prepared BS
is it compulsory but?
Yes in case if audited financials it is mandatory to have date.
Originally posted by : Ankush
is it necessary to write date in balance sheet?

 

No it is not actually mandatory. This is done so that when balance sheets of multiple years are in a paper bunch, people should get confused about which balance sheet pertains to which year.

 

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