Balancesh.pdf



Balance Sheet For A Small BusinessAssetsLiabilitiesCurrent assetsCurrent LiabilitiesCash in bankAccounts payableAccounts receivableShort-term loansInventoryOther payments dueTotal current assetsin 12 monthsTotal current liabilitiesFixed assetsLandLong-term liabilitiesBuildingsLong-term loansLess depreciation(due after 1 year)Net land & buildings MortgageEquipmentTotal long-term liabilities Less depreciationTotal liabilities (L)Net equipmentCars & trucksOwners' equityInvestmentLess depreciationRetained earningsNet cars & trucksTotal owners' equity (E) Total assets (A)Total liabilities andowners' equityTotal assets equals total liabilities plus owners' equity or A=L+E ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download