What are the various items fall in balance sheet

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baubisingh  

  • Member Since Nov-2010 | Nov 15th, 2010


(A)asset side items are
1 cash in hand
2.cash at bank
3.debtor
4.land ,building
5.prepaid expenses
6. bills receivable

(B)liability side
1.capital
2.bank over draft
3.creditor
4.outstanding expenses
5.bills payable

Showing Answers 1 - 4 of 4 Answers

Bascially in an balance sheet there will be two items i.e Real Account Items (Assets & Liabilities) another is Nominal account Items (Profits & losses), there is another approach i.e it will deals with two items one is Source of funds and another one application of funds

kumardurgam

  • Oct 17th, 2008
 

Balance Sheet contains the Assets and Liabilities of a particular firm/company.  It is a face of a company.  It shows companies financial position.  In Assets there will be two types. Current Assets and Fixed Assets.  In the same manner Liabilities also two types. Current Liabilities and Others.

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jaimyjobish

  • Apr 16th, 2010
 

Assets = Current Assets + Fixed Assets
Liabilities = Current Liabilties + Long Term Liabilities

Contingent liabilities appear as footnote on the liabilities side of balance sheet.

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baubisingh

  • Nov 15th, 2010
 

(A)asset side items are
1 cash in hand
2.cash at bank
3.debtor
4.land ,building
5.prepaid expenses
6. bills receivable

(B)liability side
1.capital
2.bank over draft
3.creditor
4.outstanding expenses
5.bills payable

sowmya

  • Oct 29th, 2011
 

Asset side items are:
a)Fixed assets
b)Current assets
c)Loans and advances
d)Other income

Liabilities side items are:
a)share holder funds
b)loan funds
c)current liabilities
d)provisions
e)miscellaneous expenditure

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Ankur Kumbhani

  • Nov 16th, 2011
 

Assets :

1. Fix Assets
2. Current Assets
3. Loan & Advances
4. Primery Expenses

Liability :

1. Capital
2. Current Liability
3. Provision
4. P & L

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sheshadri

  • Dec 6th, 2011
 

Asset side items are:

a)Fixed assets
b)Current assets
c)Loans and advances
d)Other income

Liabilities side items are:

a)share holder funds
b)loan funds
c)current liabilities
d)provisions
e)miscellaneous expenditure

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Leena

  • Sep 9th, 2012
 

Balance Sheet of XYZ, Ltd.
As of 31 December 2012

ASSETS
Current Assets
Cash and Cash Equivalents
Accounts Receivable (Debtors)
Less : Allowances for Doubtful Accounts
Inventories
Prepaid Expenses
Investment Securities (Held for trading)
Other Current Assets
Non-Current Assets (Fixed Assets)
Property, Plant and Equipment (PPE)
Less : Accumulated Depreciation
Investment Securities (Available for sale/Held-to-maturity)
Investments in Associates
Intangible Assets (Patent, Copyright, Trademark, etc.)
Less : Accumulated Amortization
Goodwill
Other Non-Current Assets, e.g. Deferred Tax Assets, Lease Receivable

LIABILITIES and SHAREHOLDERS EQUITY
LIABILITIES
Current Liabilities (Creditors: amounts falling due within one year)
Accounts Payable
Current Income Tax Payable
Current portion of Loans Payable
Short-term Provisions
Other Current Liabilities, e.g. Unearned Revenue, Deposits

Non-Current Liabilities (Creditors: amounts falling due after more than one year)
Loans Payable
Issued Debt Securities, e.g. Notes/Bonds Payable
Deferred Tax Liabilities
Provisions, e.g. Pension Obligations
Other Non-Current Liabilities, e.g. Lease Obligations
SHAREHOLDERS EQUITY
Paid-in Capital
Share Capital (Ordinary Shares, Preference Shares)
Share Premium
Less: Treasury Shares
Retained Earnings
Revaluation Reserve
Accumulated Other Comprehensive Income

Non-Controlling Interest

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Ahmed Zaman

  • Oct 6th, 2014
 

CLosing Stock,Cash in Hand

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navas

  • Mar 24th, 2015
 

creditor

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Anil sharma

  • Apr 9th, 2015
 

asset side :
fixed assets
current asset and loan in advance
investment
misclinious exp.
p&l if debit bal.
Liability :
share capital
reserve and surplus
secured loan
unsecured loan
c.l and provision

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Satyanarayana raju

  • Jun 13th, 2015
 

Liabilities side:
Capital
Loans availed
Current liabilities
Duties and taxes
Provisions
Sundry Creditors
Assets side
Fixed assets
Current assets
investments
stock on hand
Cash and bank balances
Deposits
Loans and Advances (Asset)
Miscellaneous expenses(Asset)

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