Question

Equity and liabilities come first in balance sheet followed by assets True or Fasle​

Answer 1

Answer:

standard company balance sheet has two sides: assets on the left, and financing on the right–which itself has two parts; liabilities and ownership equity. The main categories of assets are usually listed first, and typically in order of liquidity. Assets are followed by the liabilities.

false

if it helps then mark me as braineliest!!!

Answer 2

True
The companies act 2013, balance sheet shows first equity and liabilities and then the headings and sun headings after grand total and secondly shows asset side then headings and subheadings and grand total