Balance sheets | Full statement with emphasis on current assets & current liabilities sections

In this video I show 3 different ways to prepare a FULL balance sheet with emphasis on the current assets and current liabilities sections.

You can use the time stamps below to go to a specific part of the video:

00:00 - Intro
01:16 - Set 1 - A = C + L e.g.
08:30 - Practice question 1
12:39 - Set 2 - A - L = C e.g.
16:59 - Practice question 2
20:38 - Set 3 - Net working capital e.g.
24:23 - Practice question 3
26:53 - Outro

You can view the entire balance sheet playlist using this link:
   • Balance Sheets (2021)  

You can use the links below to view the videos on the topics mentioned in this video:

Accrued and prepaid expenses
   • CSEC PoA | Expense accounts | How to prepa...  

Accrued and prepaid revenues
   • CSEC PoA | Revenue accounts | How to prepa...  

The provision for bad debts
   • CSEC PoA | The Provision for Bad Debts | T...  

Here are links to how to treat with these items in the income statement:

Accruals and prepayments
   • Income statements with adjustments | Accru...  

Provision for bad debts
   • Income statement with adjustments | The Pr...  

All 3 adjustments at once
   • Income Statements with adjustments | Accru...  

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#balancesheet #statementoffinancialposition #csecpoa