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A financial report detailing the assets, liabilities, and equity of Sberbank of Russia OJSC as of a specific date, providing a snapshot of the company's financial condition.
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How to fill out balance sheet
How to fill out BALANCE SHEET
01
List all assets in the left column, categorized as current and non-current assets.
02
Itemize each asset with its value.
03
Total the assets and write the total at the bottom of the asset section.
04
List all liabilities in the right column, categorized as current and non-current liabilities.
05
Itemize each liability with its value.
06
Total the liabilities and write the total at the bottom of the liability section.
07
Calculate shareholders' equity by subtracting total liabilities from total assets.
08
List components of equity, such as common stock and retained earnings.
09
Ensure that the balance sheet is balanced: Total Assets = Total Liabilities + Shareholders' Equity.
Who needs BALANCE SHEET?
01
Business owners for managing financial health.
02
Investors for assessing company value.
03
Lenders for evaluating creditworthiness.
04
Accountants for preparing financial statements.
05
Regulators for compliance purposes.
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People Also Ask about
What is a balance sheet in English?
The account format divides the balance sheet into two columns, with the assets listed on the left side and the liabilities as well as the owner's equity detailed on the right side. When everything is accounted for, the totals of both sides should be equal.
What is balance sheet accounts in English?
A balance sheet is a financial statement that reports a company's assets, liabilities, and shareholder equity. The balance sheet is one of the three core financial statements that are used to evaluate a business.
What is the structure of a balance sheet?
A balance sheet consists of three primary categories: assets, liabilities, and equity. Under the standard balance sheet equation, assets must equal liabilities plus equity.
What is the balance sheet structured around?
A balance sheet is a financial statement that contains details of a company's assets or liabilities at a specific point in time. It is one of the three core financial statements (income statement and cash flow statement being the other two) used for evaluating the performance of a business.
What is the balance sheet structure in English?
A standard company balance sheet has two sides: assets on the left, and financing on the right–which itself has two parts; liabilities and ownership equity. The main categories of assets are usually listed first, and typically in order of liquidity. Assets are followed by the liabilities.
What is a balance sheet in simple words?
A balance sheet is a financial statement that contains details of a company's assets or liabilities at a specific point in time. It is one of the three core financial statements (income statement and cash flow statement being the other two) used for evaluating the performance of a business.
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What is BALANCE SHEET?
A balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and equity at a specific point in time.
Who is required to file BALANCE SHEET?
Corporations, partnerships, and other businesses that are legally required to report their financial information under local regulations must file a balance sheet.
How to fill out BALANCE SHEET?
To fill out a balance sheet, list all assets in one section, including current and non-current assets, followed by liabilities, which are also split into current and long-term, and finally equity, ensuring that total assets equal total liabilities plus equity.
What is the purpose of BALANCE SHEET?
The purpose of a balance sheet is to provide stakeholders with an overview of what a company owns and owes, thus allowing for assessment of its financial health and stability.
What information must be reported on BALANCE SHEET?
A balance sheet must report information such as total assets, total liabilities, and total equity, broken down into current and non-current categories.
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