Posted 1/16/2010 00:12 (#1024768) Subject: Creating a balance sheet
Belzoni, Mississippi
Im closing out my first year of farming and I need to do a balance sheet. I know that a balance sheet shows assets, liabilities, and equities. Im wanting to know in the liabilities side what all goes in it. Does operating expence debt from the previous year go in. Such the operating loan? I know all term debt goes. Can any one help.