Question

Balance sheet consists of what type of expenditure

Answer 1

hi there✋✋✋✋
Typical line items included in the balance sheet (by general category) are:

1)Assets: Cash, marketable securities, prepaid expenses, accounts receivable, inventory, and fixed assets.
2)Liabilities: Accounts payable, accrued liabilities, taxes payable, short-term debt, and long-term debt.

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