Rockel Bookkeeping

Martin County, Florida Bookkeeping Services

Financial Statements Part 2

Financial Statements Part 2

Financial Statement #1 is the Balance Sheet:

-Shows a list of Assets, Liabilities, and Equity and all account balances. In Quickbooks, you can click on the Total for each account to see a list of all the transactions that posted during your requested time frame

-Groups together all Assets and the total

-Groups Liabilities and Equity together and the total between the two

-Shows Net Income and how much equity the business has (net worth)

 

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