Assets Liabilities and Equity

There are three elements to a balance sheet, assets, liabilities, and equity. The three elements together must satisfy the accounting equation for the balance sheet to balance.

Assets Liabilities and Equity June 8th, 2017Team
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Basic Balance Sheet Statement

A basic balance sheet is an accounting statement of the financial position of a business at a specific point in time. It is normally drawn up at the end of the financial year or for management accounts on a monthly basis.

Basic Balance Sheet Statement January 24th, 2017Team
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