1-Account Format (Balance Sheet)
ABC Company
Balance Sheet
As On date month, year
Assets Amount ($) Liabilities and Equity
Current Assets Short Term Liabilities
Cash xxxx
Receivables xxxx
Inventory (Closing) xxxx
Prepaid Expenses xxxx
Prepaid Tax xxxx
Bank xxxx Long Term Debts
Marketable Securities xxxx
Fixed Assets/ Tangible Assets
Furniture and Fixture xxxx Shareholders Equity
Plant and Equipment xxxx
Machinery xxxx
Less: Depreciation (xx) xxxx
Intangible Assets
Good will xxxx
Patents xxxx
Copyright xxxx
Less: Amortization xxxx
Total Assets xxxxx Total Liabilities and owne
2-Report Format (Balance Sheet)
Assets Amount ($)
Current Assets
Cash xxxx
Receivables xxxx
Inventory (Closing) xxxx
Prepaid Expenses xxxx
Prepaid Tax xxxx
Bank xxxx
Marketable Securities xxxx
Fixed Assets/ Tangible Assets
Furniture and Fixture xxxx
Plant and Equipment xxxx
Machinery xxxx
Less: Depreciation (xx) xxxx
Intangible Assets
Good will xxxx
Patents xxxx
Copyright xxxx
Less: Amortization xxxx
Total Assets xxxxx
Liabilities and Equity
Short Term Liabilities
Accounts Payable xxxx
Bank Overdraft xxxx
Bank Loan (Less than one year) xxxx
Wages payable xxxx
Accrued Expenses xxxx
Long Term Debts
Bonds xxxx
Debentures xxxx
Shareholders Equity
Common Stock xxxx
Preferred Stock xxxx
Profit/ Retained Earning xxxx
Total Liabilities and owners equity xxxxx
lities and Equity Amount ($)
Short Term Liabilities
Accounts Payable xxxx
Bank Overdraft xxxx
Bank Loan (Less than one year) xxxx
Wages payable xxxx
Accrued Expenses xxxx
Long Term Debts
Bonds xxxx
Debentures xxxx
Shareholders Equity
Common Stock xxxx
Preferred Stock xxxx
Profit/ Retained Earning xxxx
Total Liabilities and owners equity xxxx