Account L4 Balance sheet Flashcards

1
Q

What is a balance sheet

A

an accounting report that details a firm’s financial position at a particular point in time by reporting its assets, liabilities and owner’s equity. Its in the “report” stage of accounting process

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Balance sheet template

A

https://www.accon.services/quickbooks-report-balance-sheet-by-products-and-services.html

How well did you know this?
1
Not at all
2
3
4
5
Perfectly