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View Full Version : Question about a balance sheet


char0511
Feb 3, 2010, 08:05 PM
Of the following what is considered assets and a liabilities:
Sales Revenue
Accounts Receivable
Equipment
Accounts Payable
Salaries Expense
Inventory
Income Taxes Payable
Notes Payable
Cash
Selling Expenses
Common Stock
Interest Income
Cost of Sales
Prepaid Expenses
Income Tax Expense

I need to do a Balance Sheet and an Income Statement

morgaine300
Feb 5, 2010, 07:18 PM
You have posted this same question five times now. Will you please discontinue posting the same thing over and over. It just confuses people and will not get you an answer any more quickly. Just the opposite - for everyone who does this, it just takes up our time dealing with the multiple posts and makes it take longer. (And makes some people want to ignore you altogether.)

Someone might be more inclined to answer if you would post first what you think the assets and liabilities are. If you will check the (obvious) red print at the top of this forum and check out the guidelines, you will see that we are not here just to do the work for you. What have you attempted to do?