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its good because it help us to know the weight of a things or anything
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Why do balance the two halves of balance sheet?
That method is called account form of balance sheet and on the other hand there is another form of balance sheet which is called statement form.
A balance sheet are presented on a page in a downward sequence is called the form?
The form of the balance sheet in which assets, liabilities, and stockholders' equity are presented in a downward sequence is called the report form.
Which side does Liabilites appear on a balance sheet?
Normally in balance sheet liabilities shown in left side of balance sheet but sides don’t matter much as sides can be change or in statement form of accounts there are actually no sided and balance sheet is prepared in statement form where assets comes first and then liabilities and equity.
How do you write a balance sheet?
this is a good uestion
What are the 2 types of the Balance sheets?
there are two types of balance sheet 1. account form. 2. report form.
Is Loan on balance sheet or off balance sheet?
Loan is on balance sheet
Difference between on balance sheet financing and off balance sheet financing?
In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.
What is the two forms of balance sheet?
The report form style of the balance sheet shows assets, liabilities and stockholder's equity in a "downward" or vertical formation. In an account form style of the balance sheet, the assets are on the left side where the liabilities and stockholder's equity show on the right side or in a "horizontal" presentation.
On which type of form can the best indicators of wealth be shown?
balance sheet
What accounts are balance sheet accounts?
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 grouping and marshalling in balance sheet
Is there a difference between a merchandiser's balance sheet and a service company's 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.
