For Asset, the original(normal) balance is always debited!
-A Balance Sheet is a financial statement that show the financial position of a person or business on a particular date.
-There two kinds of BS.
-One is the original BS:
First, you'll have the name of the business, the name of the financial statement(BS), and the date when the financial position is determined.
Second,you'll … Read more
-There two kinds of BS.
-One is the original BS:
First, you'll have the name of the business, the name of the financial statement(BS), and the date when the financial position is determined.
Second,you'll … Read more