Balance Sheet

Description

Masters Basic Accounting Mind Map on Balance Sheet, created by turquoise_cat on 06/02/2014.
turquoise_cat
Mind Map by turquoise_cat, updated more than 1 year ago
turquoise_cat
Created by turquoise_cat about 10 years ago
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Resource summary

Balance Sheet
  1. For the Period Ending December 31, 20XX
    1. Assets
      1. =
        1. Liabilities & Equity
    2. Assets
      1. Current Assets
        1. Cash
          1. Accounts Receivable
            1. Inventory
              1. Prepaid Expenses
        2. Fixed Assets
          1. Land
            1. Equipment
              1. Accumulated Depreciation
        3. Liabilities & Equity
          1. Liabilities
            1. Long Term Liabilities
              1. Notes Payable
              2. Current Liabilities
                1. Accounts Payable
                  1. Accrued Liabilities
                    1. Deferred Income
              3. Equity
                1. Paid-In Capital
                  1. Retained Earnings
                    1. Current Year Earnings
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