Balance sheet horizontal format. It may be noted that in this format bs format is given for company where are revenue ac is given for a single proprietor. Finally lets recall that assets can be shown on the left side while liabilities and equity are shown on the right side horizontal presentation. The example above shows a balance sheet in a horizontal format.
Book description isbn 978 1 62620 954 1 35 pages this free ebook you will give you a thorough understanding of the balance sheet a powerful decision making tool that every manager should be familiar with. A company can make balance sheet according to the form given in part i of schedule vi of company law 1956. Are you talking about the example given above.
A balanced sheet shows total assets equal to total liabilitiesequity. Preparation of balance sheet of company is very necessary because indian company law 1956 gives strict instruction about the format of balance sheet of a company. I bought the horizontal photo pages and the mixed format photo pages by avery.
I would like to suggest that it is better to give balance sheet format separately for sole trading concern and company. Preparation of balance sheet of company is very necessary because indian company law 1956 gives strict instruction about the format of balance sheet of a company. They are the same medium weight plastic and are fine for photos post cards recipe cards and other collectibles.
If so they are the solution of the same accounting problem. Note how the components of current assets are intended to the right so its easier to read the balance sheet.