Balance Sheet Template (In Narrative Format)
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1BALANCE SHEET OF AS AT / /
$
$
$
Current assets:
Total current assets
Current liabilities:
Total current liabilities
Working capital
(current assets – current liabilities)
Fixed assets:
Total fixed assets
Total net assets
(fixed assets + working capital)
Owner’s equity:
Capital
Less drawings
Plus net profit / Less net loss
Total owner’s equity
(equal to total net assets)
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Parent category: Business