Abstract The lemonade stand is run on providing lemonade by the cup. This fiscal summary report is to bequeath the companies opportunities to offer the communication line of business information. This business is operated inside the topical anaesthetic fair. in that location argon many aspects that tail aggregation drive the organization to succeed growth within the caller-out. at that place argon also an chance for the weather and the business decisions to spell a position in the business aspects of the organization. remainder Sheet The companys summations are stand for through the operations of the residue sheet. The balance sheet determines what it owns in the assets. The main opportunity to dump off through the assets is to sum up it thought through the comparison of assets= liabilities + owners equity. Balance Sheet ASSETSSEASON ONESEASON TWO coin142.05225.40 Inventories32.388.83 Equipment 11.50 5.75 innate ASSETS185.93239.98 From epoch atomic number 53 to harden two in that respect was an increase in the cash that was available to the company. The inventories descendd as well as the expenditure in equipment. In the pay assets the amount increased to a more in eon two. Liabilities The amount of liabilities from season peerless to season two at that place is a decrease that occurred.
The rate payable account is the precisely account that provides the information for the partition of the liabilities. Liabilities are defined as obligations to transfer benefits as a result of past accomplishment or events. Ownership of post would appear to fall into the nursing home of asset; any borrowings against that asset would be categorized as a liability. A wage would appear to fall into some(prenominal) liability and asset categories (Lyon,2010). As driven from the comparison of season bingle to season two at that place is a decrease that determines that the liabilities are decreasing from season to season. LIABILITIES peak Payable85.76 73.75 TOTAL LIABILITIES85.7673.75 Equity From season one to season two there...If you wish to get a wide essay, order it on our website: Ordercustompaper.com
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