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What does it mean a balance sheet does not balance?

Updated: 9/16/2023

Wiki User

∙ 10y ago

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my balance sheet does not balance why?

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∙ 10y ago

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Sulynn Decker ∙

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∙ 1y ago

Balance this equation. H3PO4+NaOH >Na3PO4+H2O

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Continue Learning about Accounting

What does debtors mean in the balance sheet?

Assets

Difference between on balance sheet financing and off balance sheet financing?

In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.

What is a pro forma balance sheet?

Proforma balance sheet is a projected balance sheet to predict the future of business.

What are post balance sheet items?

Post balance sheet items are those items which arise after closing date of balance sheet that's why called post balance sheet items.

How can you prepare the proforma balance sheet?

how can you prepare the proforma balance sheet?

Related questions

What does debtors mean in the balance sheet?

Assets

Is Loan on balance sheet or off balance sheet?

Loan is on balance sheet

Difference between on balance sheet financing and off balance sheet financing?

In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.

What mean by Schedule Balance sheet?

A detailed balance sheet, which shows ledgers under groups, so here Schedule balance sheet helps all of us to view and print the balance sheet in detailed format.in other word schedule balance sheet is a balance sheet contain combined Asset class and liabilitiy class together under one group, and which shows ledgers under groups.

What accounts are balance sheet accounts?

A balance sheet account is any item that is found on the financial statement known as the balance sheet. The figures reflected on the balance sheet, consist of the ending balance of the balance sheet account. After all the transactions are posted in the individual balance sheet account's "T" account (involving debits and credits), the ending balance is the amount found on the balance sheet.

Grouping and marshalling in balance sheet?

grouping and marshalling in balance sheet grouping and marshalling in balance sheet

Is there a difference between a merchandiser's balance sheet and a service company's balance sheet?

Yes in merchandiser balance sheet there is stock of items available in balance sheet while in services balance sheet there is no inventory item available.

What do you mean by Retained Interest in off-balance sheet securitized loans?

what does shrect mean

What is a pro forma balance sheet?

Proforma balance sheet is a projected balance sheet to predict the future of business.

Allowance for doubtful accounts is reported in the a balance sheet or a income sheet?

balance sheet

Is EB-IT shown in balance sheet?

EBIT is not show in balance sheet rather Earning after tax is shown in balance sheet.

What are post balance sheet items?

Post balance sheet items are those items which arise after closing date of balance sheet that's why called post balance sheet items.

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