Balance sheet is a financial statement which shows the overall performance of any company from it's inception to till date and includes assets, liabilities and owner equity etc.
One way to describe the balance sheet is a more detailed version of the accounting equation. A= L+E.
In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.
Proforma balance sheet is a projected balance sheet to predict the future of business.
my balance sheet does not balance why?
Post balance sheet items are those items which arise after closing date of balance sheet that's why called post balance sheet items.
One way to describe the balance sheet is a more detailed version of the accounting equation. A= L+E.
Loan is on balance sheet
In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.
A balance sheet account is any item that is found on the financial statement known as the balance sheet. The figures reflected on the balance sheet, consist of the ending balance of the balance sheet account. After all the transactions are posted in the individual balance sheet account's "T" account (involving debits and credits), the ending balance is the amount found on the balance sheet.
grouping and marshalling in balance sheet grouping and marshalling in balance sheet
Yes in merchandiser balance sheet there is stock of items available in balance sheet while in services balance sheet there is no inventory item available.
Proforma balance sheet is a projected balance sheet to predict the future of business.
balance sheet
my balance sheet does not balance why?
EBIT is not show in balance sheet rather Earning after tax is shown in balance sheet.
Post balance sheet items are those items which arise after closing date of balance sheet that's why called post balance sheet items.
projected balance sheet method