In this lesson, we go through a full example where we explain and show how the Statement of Financial Position (Balance Sheet) is done from the Post-Adjustment Trial Balance. We also look at what affects the Balance Sheet.
Post-Adjustment Trial Balance Prepared (Full Example): [ Ссылка ]
Income Received in Advance Explained: [ Ссылка ]
Accrued Expense Explained with Example: [ Ссылка ]
Prepaid Expense Explained with Example: [ Ссылка ]
Preparing Statement of Financial Position (Balance Sheet) | Company Accounts: [ Ссылка ]
Check out other straight-forward examples on our channel.
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Balance Sheet from Post-Adjustment Trial Balance (Full Example)
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