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Get And Sign Ky Form 12a638 2004-2021

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Quick guide on how to complete statement of finacial condition for ky rev dept form

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a quick recap of the statement of financial position I want to quickly highlight the formatting issues that will give you presentation marks right first of all you are going to need the name of the company you will then need to identify that it is the statement of financial position remember it is a wealth concept so it is the statement of financial position at the date that's the year-end not for the area ended right very different to the statement of profit and loss then we must split up into assets versus equity and liabilities remember our accounting equation assets equals owner's equity plus liabilities well that's exactly what we've done we've got assets equals equity plus liabilities ok so obviously how when I do total assets versus total equity and liabilities those two mast equal each other if they don't you've got a problem right in an exam situation let's be realistic you're going to run out of time or you're going to make an error right I'm not expecting a hundred percent i

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