Question

Which of the following items is shown in the asset side of the balance sheet

Answer 1

Answer:

pls ₣o££ow me

thanks me

Explanation:

Accounts such as cash, inventory, and property are on the asset side of the balance sheet, while on the liability side there are accounts such as accounts payable or long-term

Answer 2

Asset side of the balance sheet shows cash, cash and cash equivalent, stock , machinery,  furniture, debtors, bills recievable .

Balance Sheet is the financial summary of an organisation which shows all the asset and liabilities of the firm .

All the assets and liabilities of the oragnisation are equal.

Liabilites are the dues which firm ows and have to be repayed amd these are invested so that firm can run its normal operation .

Assets are those valuable things which are companys or individual resources and hepls business owner to run the business.