Balance_sheet_formast - x Working capital x x Less...

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Horizontal format Balance sheet as at _____ £ £ £ Fixed assets Capital x Premises x Fixtures and fittings x Plant and equipment x Vehicles x x Long-term liabilities Loans x Current assets Stock X Current liabilities Debtors X Creditors x Cash X x _ x x
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Balance sheet as at _____ Fixed assets Premises x Fixtures and fittings x Plant and equipment x Vehicles x x Current assets Stock x Debtors x Cash x x Less Current liabilities
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Unformatted text preview: x Working capital x x Less Long-term liabilities x Net assets x Financed by: Capital x We should stress that this format represents nothing more than a rearrangement of items in a two-sided balance sheet. Effectively it is saying: Assets = capital + liabilities Therefore: Assets - liabilities = capital...
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This note was uploaded on 03/28/2011 for the course MANAGEMENT MN 1015 taught by Professor John during the Spring '11 term at Royal Holloway.

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Balance_sheet_formast - x Working capital x x Less...

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