How To Prepare Balance Sheet Of Account Department

abha_sngh
Dear Sir
I am MBA student so I need ur help how to prepare balance sheet of account dept. that is necessary for hr manager and I also want to know about the kinds of balance sheet. pls help me out urgently.
Regards
Abha Singh
rola12345
its easy
first u write the following:
company name
balance sheet
date
assets
cash......................................$
accounts recievable(if any)........? $
land(if any).............................? $
equipment(if any).....................
tota assests..............................$
Liabilities and equity
liabilities
account payable...........
salaries and wages........
notes payable...............
total liab.........................$
equity
capital.............
retained earnings....
total equity.........
total equity and liabilties
(to check ,the total assets must be eqaul to total liab and equity)
goodluck
mallela.ravikiran
Balance sheets can prepare two types
1. horizontal Balance sheet: in one column Liabilities & another Column Assets
2. Vertical Balance sheet:
Prashant s
All Dear's
Please Send Mi " How to prepare Balance sheet of account department "
regards
Prashant
manjilnarzary@hotmail.com
.Draw the Balance Sheet for the following information provided by Sarawath Ltd..
a. Current Ratio: 2.50
b. Liquidity Ratio: 1.50
c. Net Working Capital: Rs.300000
d. Stock Turnover Ratio: 6 times
e. Ratio of Gross Profit to Sales: 20%
f. Fixed Asset Turnover Ratio : 2 times
g. Average Debt collection period: 2 months
h. Fixed Assets to Net Worth: 0.80
i. Reserve and Surplus to Capital: 0.50
Hint: B/S total 1100000
please help
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