The balance sheet is a very important financial statement in accounting. The most important function is to show the business status of the enterprise.
As far as procedures are concerned, the end of the balance sheet as the book book is the final result and statement of login scores, accounts and trial adjustments. In terms of nature, the balance sheet is a comparison relationship between corporate or corporate assets, liabilities, liabilities, and shareholders' equity, and accurately reflects the company's operating conditions. Asset -liability table composition As far as the report is basically composed, the balance sheet mainly includes the asset part of the left side of the report, and the liabilities and shareholders' equity parts with the right formula. The front end of the job, if it is recorded in accordance with the accounting principles, and after the correct distribution or transfer trial process, the total amount of the left and right sides of the balance sheet of the balance sheet will inevitably be exactly the same. The ending of this formula is the total amount of assets = total amount of liabilities+the total amount of shareholders' equity.
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