Account Balance Sheet Preparation Services

In order to cater the varied demand of the customers, we are providing Account Balance Sheet Preparation Services in Chennai, Tamil Nadu, India. A balance sheet is one of the financial statements that will be distributed outside of the accounting department and is often distributed outside of the company. The balance sheet is organized into sections or classifications such as current assets, long-term investments, property, plant and equipment, other assets, current liabilities, long-term liabilities, and stockholdersa equity. Only the asset, liability, and stockholdersa equity account balances from the general ledger or from the trial balance are then presented in the appropriate section of the balance sheet. Totals are also provided for each section to assist the reader of the balance sheet. The balance sheet is also referred to as the statement of financial position or the statement of financial condition.

The accounting balance sheet is one of the major financial statements used by accountants and business owners. (The other major financial statements are the income statement, statement of cash flows, and statement of stockholdersa equity. The balance sheet is also referred to as the statement of financial position.