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Balance Sheet

Course Reviews

Track :

Business

Lessons no : 16

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Lessons | 16


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4.3
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Adeel Asif

Good course 2024-10-05

Dr.Ghvs Sarma

Useful On Everyday 2024-08-24

Matthew Etherington

Good course 2024-07-19

Amith M

Good 2024-03-13

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A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structureIn financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity. How to Prepare a Basic Balance Sheet Determine the Reporting Date and Period. ... Identify Your Assets. ... Identify Your Liabilities. ... Calculate Shareholders' Equity. ... Add Total Liabilities to Total Shareholders' Equity and Compare to Assets.