Whether Subscription Receivable account should be presented as an current asset or a contra equity account is debatable. The US SEC requires it as a contra equity account.
current assets
Comparative balance sheet is that balance sheet in which comparison for more than one period is done to find out the performance of company.
If your double-entry records are correct, a balance sheet will always balance (by definition).ASSETS = LIABILITIES + EQUITYIf it does not balance, check all your entries, since the last balance sheet that did balance. You will find one or more errors to correct. Find and correct all of the errors until the balance sheet balances.
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I assume you are asking about a specific situation here. Accounts receivable vary depending on which company you are looking at or which problem this is dealing with. You can normally find this amount of the company's balance sheet. Or this may be found after a process of calculations.
balance sheet
people use balance sheet to find out the actual performance of company so that they may decide to invest in company.
Balance sheet is used normally for 2 years for comparison to find out the performance of company between 2 fiscal years.
1 we will do anything
To find the number of ordinary share in balance sheet one must observe all the other numbers and find the mean. Once that is founds than the ordinary share number can be calculated.
the balance sheet formula is very hard to find do you want the balance sheet with "fixed assets,current assets" then you are just gonna have to ask business teachers you know try Google it(i know that's a common answer but no other way to get them so)
Current period profit or loss is shown on both financial statements - at the bottom of the Income Statement and in the Retained Earnings section of the Balance Sheet.
To determine profit in a balance sheet, you would need to look at the income statement. The income statement shows revenues and expenses for a specific period, such as a year. At the end of the period, the net income (profit) is transferred to the balance sheet as retained earnings. The retained earnings section of the balance sheet will show the accumulated profit over time.