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Balance Sheet Exam3finalstudyguidereviewproblems F16solutiontopost How Is Ry Stock Shown On The

Worksheet Details

  • CategoryBalance Sheet.
  • TopicHow is treasury stock reported on the balance sheet.
  • AuthorAlice Garran
  • PostedSat, Aug 17th 2019 10:26 AM
  • Formatjpg/jpeg

You should check out several of the balance sheet examples on this page to get a feel for how to use and read one. Like a business, your personal balance sheet will contain information about your assets and liabilities. This is where you will list all of your personal bank accounts, credit cards, and mortgage payments. Basically, you will need to list all of your outstanding debt as well as your assets.

Retained earnings are a little different. Remember the formula for the balance sheet? (Assets = Liabilities + Equity?) If you’ve filled out the rest of your balance sheet template, then you will have only retained earnings left to work with. Therefore, retained earnings are equal to Assets – Liabilities – Contributed Capital.

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