Question

Generally trend analysis should be done for what all aspects of balance sheet

Answer 1

ıllıllı ʜᴇʀᴇ ɪs ʏᴏᴜʀ ᴀɴsᴡᴇʀ ıllıllı

Legal expenses should form part of the income statement or statement of comprehensive income. But in cases in which such expenses aren't paid yet, it should form part of the liability section of statement of financial position or balance sheet. If payable within the normal course of the business or within 12 months whichever is longer, it should be classified as current liability.

ᴇʜsᴀss ^_^