Accounting Reports Question:
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Tell me what are the various items fall in balance sheet?
Answer:
(A)asset side items are
1 cash in hand
2.cash at bank
3.debtor
4.land ,building
5.prepaid expenses
6. bills receivable
(B)liability side
1.capital
2.bank over draft
3.creditor
4.outstanding expenses
5.bills payable
1 cash in hand
2.cash at bank
3.debtor
4.land ,building
5.prepaid expenses
6. bills receivable
(B)liability side
1.capital
2.bank over draft
3.creditor
4.outstanding expenses
5.bills payable
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