Magnet Investments

Balance Sheet Business

(Hereinafter referred to Buch. Balance) reflects all assets, equity, debt owed to creditors, if any, per unit time. In this case 1a of time usually is the end of the quarter. Buch. Balance sheet: Assets = Debt + equity Buch. A balance must always be in equilibrium, so the assets and must be equal to the debt with equity. Buch. Balance is the overall picture of the state of affairs of the company.

In order to understand all the details necessary to consider the example of Buch. Balance. Balance sheet of a fictitious company, "comedian and K" December 12/31/2009 12/31/2010 Assets Current assets Cash 150 000 220 000 Accounts receivable ( Less 637 000 603 000 Write-offs of debt in the amount of 12,000 rubles in 2010) Inventories 1,202,500 1,555,000 Total assets 1,989,500 2,378,000 Property, equipment 1 110 000 980 000 Less: Depreciation 140 000 140 000 Total property and equipment 1,250,000 1,120,000 Other assets Intangible assets (patents, status, etc.) 45 000 40 000 Total assets 3,284,500 3,538,000 Liabilities and shareholders' equity Current liabilities 300 000 275 000 Credit debt 260 000 180 000 Taxes liquidate other liabilities 35 000 35 000 Total: Current Liabilities 595 000 490 000 Long-term liabilities Long-term debt 575 000 501 375 Total: liabilities 1 170 000 991 375 Shareholders' equity Share capital 30 000 30 000 Additional fees 250 000 250 000 Retained earnings last year 507 000 385 650 Total: shareholders' equity 787 000 665 650 Total: liabilities and shareholders' equity 1,957,000 1,657,025 Always remember: The sum of all assets must be equal to the sum of all liabilities and shareholders' equity only compare Buch. Balances for the two reporting periods can be seen on the company's financial position Watch annual changes in the accounts and you will be aware of what is going on the balance sheet for a reporting period is very important for the analysis of current liabilities shall be paid during the reporting Year

Tags: business