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Samacheer Kalvi twelfth Accountancy Choices Chapter 7 Balances
- So you’re able to Lenders: Guidance given from the financial comments was extreme on the lenders to assess if there’s enough safety to purchase number of your own financing otherwise overdraft.
- So you can Bodies: Monetary comments try extreme with the regulators to assess the brand new taxation responsibility out of providers inquiries and figure and you will amend commercial regulations.
- So you’re able to Personnel: Through the financial statements, the staff can also be gauge the element of your team to expend salaries and whether they have coming growth in the brand new matter.