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    Some basic questions about balance sheets.

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    What are some of the items that appear on a company's balance sheet? How does a company calculate net income? Which statements could be useful in explaining how much cash a company has used or generated during an accounting period, and why?

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    https://brainmass.com/business/balance-sheet/some-basic-questions-about-balance-sheets-148095

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    Some of the items on the asset side of the balance sheet are:

    Current Assets: Cash, Accounts Receivable, Inventory

    Long Term Assets:

    Land and Building, Machinery

    On the liabilites side, items are:

    Current Liabilities: Account Payables, Short term borrowings

    Long term liabilites like long term debts

    Capital: Paid in capital, retained earnings

    Net income ...

    Solution Summary

    What are some of the items that appear on a company's balance sheet?

    $2.19

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