October 15, 2019, 12:52:39 pm

Indian Government balancesheet

Started by TechShristi, August 28, 2012, 09:50:38 am

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TechShristi

Hi, which items from following will not shown in a government balance sheet? and why? A) assets. b) liabilities. c) cost. d) surplus


TechShristi


TechShristi

Hello admin123,  August 28, 2012, 9:50 am

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Mr. Patel

Hello Dear

1) there is no concept of balance sheet for the indian government.Governmet of india preprae a Revenue and capital Account.

You can find the same at
http://www.indiabudget.nic.in/afs.asp


2)Generally the forgotten part of financial part of the Goverment is "Assest".It is said that we only talking about government debt and about not assets.
Assets-The Forgotten Side of the Government Balance Sheet


Note: correct me if i am wrong in the above post.Your comment are welcomed to us

Mr. Patel


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