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What are assets and liabilities reported on?
Assets and liabilities are reported on a balance sheet
What is balnce sheet?
Balance sheet is the record of Assets and Liabilities.
What is the format of a balance sheet?
The format of the Balance Sheet is Assets = Liabilities + Equity * Current Assets * Fixed Assets * -------------------- * Total Assets * Current Liabilities * Long Term Liabilities * -------------------------- * Total Liabilities * Equity * Net Income * ---------------------------- * Total Equity * -------------------------- * Total Liabilities and Equity
What information is reported on the balance sheet?
Assets and Liabilities.
What is the difference between accounting balance sheet and economic balance sheet?
Straight from my text, the difference is that an accounting balance sheet omits significant assets and liabilities and the accounting balance sheet does not report all assets and liabilities at their market value (the accounting balance sheet records a book value; ie the dollar value paid for an item). With respect to which assets and liabilities that are omitted, I am not sure.
What is meant by balance sheet size?
Balance sheet size means total of Assets or Liabilities
Are treasury bonds considered assets or liabilities on a company's balance sheet?
Treasury bonds are considered assets on a company's balance sheet.
Three elements of the balance sheet?
ASSETS, LIABILITIES and EQUITY
What is a nonclassified balance sheet?
It is a balance sheet that does not segregate, or classify, current and non-current assets and liabilities
Classified balance sheet?
Classified balance sheet is that one in which different sections like current assets, fixed assets, other assets, liabilities and capital is shown.
What type of information does a balance sheet provide?
company assets and liabilities.
When we calculate the balance sheet its called?
Assets = Liabilities + Shareholder equity
