History, asked by ankitkarn117776, 10 months ago

preparation of balance sheet​

Answers

Answered by mary724
0

Explanation:

Use the basic accounting equation to make a balance sheets.

This is Assets = Liabilities + Owner's Equity. Thus, a balance sheet has three sections: Assets, which are the resources owned; Liabilities, which are the company's debts; and Owner's Equity, which is contributions by shareholders and the company's earnings.

Answered by ayirppriya
0

Explanation:

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