Accounts Manager Question:
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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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