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
2
Q
Balance sheet template
A
https://www.accon.services/quickbooks-report-balance-sheet-by-products-and-services.html