how to make a balance sheet
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hi
Use the basic accounting equation to make a balance sheets.
In a balance sheet, the total sum of assets must equal the sum of liabilities and owner's equity.
The asset accounts represent all the goods and resources that a company owns. The liability portion represents all of its debts.
hope it helps you
Use the basic accounting equation to make a balance sheets.
In a balance sheet, the total sum of assets must equal the sum of liabilities and owner's equity.
The asset accounts represent all the goods and resources that a company owns. The liability portion represents all of its debts.
hope it helps you
Yashikalra:
hey can u pls tell me one thing
??
yeah
if in trial balance there is give 'loan from ram repayable 2011 ' bt we are making balance sheet of 2006 ... so, i want to ask that we add that transaction or not ?? pls reply must
sry boss I don't about it
ok
kk
hmm
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