Give you the comparison of Pakistan and India Airforces?

Give you the comparison of Pakistan and India Airforces?
In this task I will be explaining the purpose of a balance sheet and its main purpose, a balance sheet is a quantitative summary of a company's financial condition at a specific point in time, including assets, liabilities and new worth. The first part of a balance sheet shows all the productive assets a company owns, and the second part shows all the financing methods. The purpose of a balance sheet is to identify potential liquidity problems.Now I am going to summarise the main components of the balance sheet and give examples from the Rightbyte case study. The first component of the balance sheet is fixed assets; this includes things like land, buildings, equipment, machinery and vehicles. Fixed assets are now consumed or sold during the normal course of a business but their owner uses them to carry on its operations.The next component of the balance sheet is depreciation; this is the reduction in the value of an asset due to things like usage, passage of time, and technological outdating or obsolescence. Depreciation is used to describe any method of attributing the historical or purchase cost of an asset across its useful life.The third component part of a balance sheet is current assets; this equals the sum of cash and cash equivalents, accounts receivable, inventory, marketable securities, prepaid expenses and other assets that could be converted to cash in less than one year. A company's creditors will often be interested in how much that company has in current assets.Another component part of a balance sheet is current liabilities; this is what the company currently owes which must be paid within one year. They are the opposite of current assets. Current liabilities include things like short term loans, accounts payable, dividends, and the interest payable. Current liabilities represent money a company owes for its debts or liabilities in the next twelve months.The last component part of a balance sheet is working capital; this is how much in liquid assets a company has available to build its business. The number can be positive or negative, depending on how much debt the company is carrying.