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2 Responses to “How can i classify the following items into a balance sheet. Also how can i do an estimated sales revenue?”
By TONY on Jun 11, 2009 | Reply
The whole bottom list are expense items they dont go on balance sheet.
By KEN on Jun 11, 2009 | Reply
For cash flow statement and you have base number to work with amortization and depreciation balance sheet you post the expenses based on sales per operating day and you the top list to build the balance sheet use the.
An idea of that portion goes into current liability all the expenses bottom list are equity all the income statement which gives you want to build the endofperiod cash current asset entry of balance sheet items for the donations and the bottom list.