Post by account_disabled on Mar 4, 2024 8:13:32 GMT
On the other hand, the liabilities side must be filled with various resources used by the company for funding activities for ownership of these assets. So what components must be in a financial balance sheet? here is the answer. 1. Assets component of the asset balance sheet illustration of financial balance sheet components. source envato In this first balance sheet component, you can find two types of assets , namely assets. Usually, these tangible assets consist of the following things: Current assets in the form of inventory, cash, receivables, equipment, long-term investments and so on. Fixed assets in the form of vehicles, equipment, buildings, machinery and other physical resources. Then, intangible assets are rights and also non-physical resources, such as patents , copyrights , goodwill , and so on.
Obligations or Liabilities (Liabilities) component of the liability balance illustration of financial balance sheet components. source envato This balance sheet component is a company obligation or debt that can occur or arise when the company carries out its business operations. A simple example is if a company needs additional capital to buy equipment Whatsapp Number List or other things, so the company must take credit from the bank. Usually, settlement of this obligation can be done by sending economic benefits, such as goods, cash or services. When viewed from the maturity point of view, these liabilities are divided into two, namely current liabilities and long-term liabilities.
For current liabilities, the maturity date is usually within one year. On the other hand, long-term liabilities generally have a maturity period of more than one year. Some accounts that are included in the liability balance component are as follows: Current liabilities: interest debt, current debt, salary debt, and so on. Long-term liabilities : notes payable, bonds, long-term product guarantees, business leases, to pension obligations. 3. Equity or Capital (Equity) components of the equity balance sheet illustration of financial balance sheet components. source envato The third or final balance sheet component is capital or equity.
Obligations or Liabilities (Liabilities) component of the liability balance illustration of financial balance sheet components. source envato This balance sheet component is a company obligation or debt that can occur or arise when the company carries out its business operations. A simple example is if a company needs additional capital to buy equipment Whatsapp Number List or other things, so the company must take credit from the bank. Usually, settlement of this obligation can be done by sending economic benefits, such as goods, cash or services. When viewed from the maturity point of view, these liabilities are divided into two, namely current liabilities and long-term liabilities.
For current liabilities, the maturity date is usually within one year. On the other hand, long-term liabilities generally have a maturity period of more than one year. Some accounts that are included in the liability balance component are as follows: Current liabilities: interest debt, current debt, salary debt, and so on. Long-term liabilities : notes payable, bonds, long-term product guarantees, business leases, to pension obligations. 3. Equity or Capital (Equity) components of the equity balance sheet illustration of financial balance sheet components. source envato The third or final balance sheet component is capital or equity.