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how to prepare balance sheet
Answers
Answered by
0
it is very easy to prepare balance sheet
in right side we have to wright assets and in left hand side we have to wright liabilities of a firm. The both side balance should be equal. It shows that balance sheet is correct.
I hope it will help you
please tag as brainlist answer.
in right side we have to wright assets and in left hand side we have to wright liabilities of a firm. The both side balance should be equal. It shows that balance sheet is correct.
I hope it will help you
please tag as brainlist answer.
Answered by
0
to prepare the balance sheet follow these steps
Use the basic accounting equation to make a balance sheets. This is Assets = Liabilities + Owner's Equity.
Choose the date for the balance sheet. The balance sheet is created to show the assets, liabilities, and equity of a company on a specific day of the year.
Prepare the header of the balance sheet.
Use the basic accounting equation to make a balance sheets. This is Assets = Liabilities + Owner's Equity.
Choose the date for the balance sheet. The balance sheet is created to show the assets, liabilities, and equity of a company on a specific day of the year.
Prepare the header of the balance sheet.
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