Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Accounting    Ask about another Subject  
 
PDA

gflo1978
Nov 28, 2007, 11:10 PM
How to prepare a classified balance sheet?
Clough
Nov 28, 2007, 11:14 PM
Perhaps the following will be of help to you. I hope that it is. It is from the following site: Online Accounting Course | Balance Sheet (http://www.accountingcoach.com/online-accounting-course/05Xpg01.html)

Classifications Of Assets On The Balance Sheet
Accountants usually prepare classified balance sheets. "Classified" means that the balance sheet accounts are presented in distinct groupings, categories, or classifications. The asset classifications and their order of appearance on the balance sheet are:

Current Assets
Investments
Property, Plant, and Equipment
Intangible Assets
Other Assets
Clough
Nov 28, 2007, 11:18 PM
The above refereced site would be worth checking out by-the-way. There is a lot of information on it.