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    Format of Balance Sheet

    Uploaded by

    Ranjeet Kumar
    The balance sheet shows the assets, liabilities and capital of a business as of December 31, 2008. It lists non-current assets such as plant and machinery, and current assets including inventory, trade debtors and cash in the bank. Current liabilities are trade creditors and accrued expenses. The capital balance is calculated as the opening capital plus net profit minus drawings for the year.

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    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Format of Balance Sheet

    Uploaded by

    Ranjeet Kumar
    23 views1 page
    The balance sheet shows the assets, liabilities and capital of a business as of December 31, 2008. It lists non-current assets such as plant and machinery, and current assets including inventory, trade debtors and cash in the bank. Current liabilities are trade creditors and accrued expenses. The capital balance is calculated as the opening capital plus net profit minus drawings for the year.

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    2547841 Format of Balance Sheet

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    © Attribution Non-Commercial (BY-NC)

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    The balance sheet shows the assets, liabilities and capital of a business as of December 31, 2008. It lists non-current assets such as plant and machinery, and current assets including inventory, trade debtors and cash in the bank. Current liabilities are trade creditors and accrued expenses. The capital balance is calculated as the opening capital plus net profit minus drawings for the year.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    23 views1 page

    Format of Balance Sheet

    Uploaded by

    Ranjeet Kumar
    The balance sheet shows the assets, liabilities and capital of a business as of December 31, 2008. It lists non-current assets such as plant and machinery, and current assets including inventory, trade debtors and cash in the bank. Current liabilities are trade creditors and accrued expenses. The capital balance is calculated as the opening capital plus net profit minus drawings for the year.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Format of Balance Sheet

    Name Balance Sheet as at 31 December 2008 Accumulated Cost Non-current Assets: Plant and machinery Office equipment Depreciation NBV

    Current Assets: Inventory Trade debtors Less: Allowance for doubtful debts

    Prepaid expenses Bank

    Less: Current Liabilities Trade creditors Accrued expenses Working capital

    Financed by: Capital Balance at 1-1-2008 Net Profit Less: Drawings Balance at 31-12-2008

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