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In Part 1, we understand what are financial statement and understand that it includes the Balance Sheet.

Now, let look at what are the components in the Balance Sheet namely:-

(A) What’s in the ASSET SIDE of the Balance Sheet?

(A1) Balance Sheet & Its ASSET SIDE Part 1/3

(A2) Balance Sheet & Its ASSET SIDE-Part 2/3

(A3) Balance Sheet & Its ASSET SIDE-Part 3/3


(B) What’s in the LIABILITIES SIDE of the Balance Sheet?

(B1) Balance Sheet & Its LIABILITIES SIDE Part 1/3

(B2) Balance Sheet & Its LIABILITIES SIDE Part 2/3

(B3) Balance Sheet & Its LIABILITIES SIDE-Part 3/3


(C) What’s in the EQUITY SIDE of the Balance Sheet?

(C1) Balance Sheet & Its Equity Side Part 1/2

(C2) Balance Sheet & Its Equity Side Part 2/2

(C3) Classification of SHARE CAPITAL In a Company

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