Adding To The Balance Sheet

by Betsy
(United States)

Adding To The Balance Sheet

Adding To The Balance Sheet

How do you Account for the occurrence of business expenses when the balance sheet almost tallies changes to it's pending assets in expected accruals and existing cash flows beyond the debt margin at that time?

How do they add to the balance sheet, as a separate liabilities book or as a rider on the total for retained earnings balanced from the total for overall assets minus liabilities?

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Dec 10, 2017
Net Income On Balance Sheet
by: Anonymous

The business expenses from accrual system of accounting would show up under the equity section through the flow through of ending year net income. This usually is shown in the equity section as a separate line item above or below retained earnings.

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