This article describes the best way to prepare, read and interpret most significant financial statement, the first and the Balance Sheet. The statement of Financial Position of a company or the Balance Sheet includes a list of its resources and of its sources of capital as of a specific day.
The Balance Sheet is affected by all the company’s trades recorded in the accounting system. This article exemplifies arrangement and the content of the Balance Sheet.
Publication Date: 02/22/2016
This is just an excerpt. This case is about Accounting