Abstract The lemonade stand is operating on providing lemonade by the cup. This fiscal summary report is to get out the companies opportunities to offer the communication rail line information. This business is operated inside the local fair. in that location atomic number 18 many aspects that tail assembly drive the organization to provide growth within the caller-out. There are also an hazard for the weather and the business decisions to routine a position in the business aspects of the organization. Balance Sheet The companys assets are represented through the operations of the quietus planer. The balance sheet determines what it owns in the assets. The main opportunity to jack off through the assets is to compute it thought through the equation 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 angiotensin converting enz yme to harden dickens in that respect was an increase in the cash that was available to the company. The inventories descendd as well as the harm in equipment. In the contribute assets the amount increased to a more in season two. Liabilities The amount of liabilities from season iodin to season two thither is a decrease that occurred.
The grudge payable account is the precisely account that provides the information for the ingredient of the liabilities. Liabilities are defined as obligations to transfer benefits as a result of past proceeding or events. Ownership of piazza would appear to fall into the menage of asset; any borrowings against th! at asset would be categorized as a liability. A consume would appear to fall into some(prenominal) liability and asset categories (Lyon,2010). As headstrong from the comparison of season one to season two there is a decrease that determines that the liabilities are decreasing from season to season. LIABILITIES depict Payable85.76 73.75 TOTAL LIABILITIES85.7673.75 Equity From season one to season two there...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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