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mLine 10:
Line 10: − Assets are listed first, followed by liabilities; the difference between the two is the '''equity''' or '''net worth''' of the entity.+
Financial statement (view source)
Revision as of 15:55, February 24, 2018
, 15:55, February 24, 2018→Balance Sheet
The '''balance sheet''' summarizes the financial balances of the entity.
The '''balance sheet''' summarizes the financial balances of the entity.
[[Asset]]s are listed first, followed by [[liabilities]]; the difference between the two is the '''[[equity]]''' or '''net worth''' of the entity.
Assets and liabilities are classified as '''current''' and '''non-current'''.
Assets and liabilities are classified as '''current''' and '''non-current'''.