Yes equipment is an asset for business which is usable for more than one year for revenue generation that's hwy it is shown in balance sheet under asset side.
yes in the credit side of the balace sheet as By Assets Sales
temporary acct will not appear on balance sheet
why is it that workforcs never appear in balance sheet
balance sheet
Fees receivable would appear on the balance sheet as an asset.
Bad Debt Expense does not appear on the balance sheet. It is only on the income statement. Allowance for Uncollectible Accounts does appear on the balance sheet.
On the balance sheet as a current liability.
Stationery, as an accounting item, does not appear on a business Balance Sheet. The Balance Sheet is reserved for assets and liabilities. The Income Statement reflects income and expenses and because Stationery is an expense item it will appear on the Income Statement and not the Balance Sheet.
No
The heading of a balance sheet should have a blue header title.
In the current liability section of the balance sheet.
balance sheet