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One way to describe the balance sheet is a more detailed version of the accounting equation. A= L+E.

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17y ago

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Off balance sheet activities?

Off balance sheet activities are those activities which do not show any impact on balance sheet like operating lease in which company uses the assets but not shown in balance sheet.


What are the off balance sheet financing?

Off balance sheet financing means those agreement due to which asset is used by business but no affect on balance sheet like operating lease.


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.


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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?

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Does building come in income statement?

No building is asset for business and like all other assets which shows in balance sheet building also part of balance sheet and not income statement.


Is there a difference between a merchandiser's balance sheet and a service company's balance sheet?

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What is a pro forma balance sheet?

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How does sheet look like?

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How can one locate dividends on a balance sheet?

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