Accountancy, asked by sanjanasingh7611, 1 year ago

Explain all the terms that are used in balance sheet

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Answered by shyamkrishnakeshari
0
items included in the balance sheet r :

In Assets: Cash, marketable securities, prepaid expenses, accounts receivable, inventory, and fixed assets

In Liabilities: Accounts payable, accrued liabilities, taxes payable, short-term debt, and long-term debt

InShareholders' equity: Stock, retained earnings, and treasury stock

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