419,207 Registered Players
Back to post list
Back a step
Replies:
Add reply:
Back a step
| Scabernac
Posts: 2,545 Status: Lord Karma: +377 [+1] [-1]   |
Subject: Hmm.. | |||||
| Again, here it is slightly different. All of the long-term debt and loans (including mortgages, bonds, etc.) are simply counted as Liabilities... A balance sheet here goes: Assets (in order of liquidity) Current Assets -- Bank/Cash -- Accounts Recievable -- Inventory -- Supplies --- Total Current Assets Fixed Assets - Equipment - Less Amortization -- Equipment 'Book Value' - Vehicles - Less Amortization -- Vehicle 'Book Value' - Buildings - Less Depreciation -- Buildings 'Book Value' --- Total Fixed Assets --- Total Assets Liabilities & Equity Current Liabilities -- Accounts Payable -- Wages Payable -- Interest Payable --- Total Current Liabilities Long-term Liabilities -- Bank Loans -- Mortgages -- Bonds --- Total Long-term Liabilities --- Total Liabilities Equity -- Share Value -- Start-up Capital - Retained Earnings before quarter - +/- Net Income or Loss -- Retained Earnings after quarter --- Total Equity --- Total Liabilities & Equity The number of dashes represents which column the value would appear in on 3 column columnar paper (accounting paper) and accounts for each section chosen randomly just to show what kinds of accounts go where here. |
||||||
|
||||||
Replies:
Add reply: