(A) Balance Sheet discloses financial position of the business (X)
(B) A person who owes to the business is called Debtor (X)
(C) Decrease in the value of the asset could decrease the value of a liability (X)
(D) Assets are to be shown in the Balance Sheet at the realizable value ()
Answers: Which of the following statements is false ? select the false from below options Assets are to be shown in the Balance Sheet at the realizable value.