Which of the following statements is false ? select the false from below options

A. A person who owes to the business is called Debtor

B. Balance Sheet discloses financial position of the business

C. Assets are to be shown in the Balance Sheet at the realizable value

D. Decrease in the value of the asset could decrease the value of a liability

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.