Liabilities (Chart Of Accounts, Liability Accounting List) With Balance Sheet Template

07.09.2012
Liabilities shown on balance sheet template shown with (T accounts), shows where liabilities are included in the relationship between B/S and I/S based on the accounting equation (assets = liabilities + stockholders equity), example lists the accounts that make up liabilities, first shows the balance sheet template (discusses the different account classification and how they are included in the accounting equation relationship) and then focuses on liabilities, debit and credit relationship depends on what side of accounting equation the account is on,, detailed account listing and template explained by Allen Mursau

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