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in considering the IAS the international Accounting standard 7 which is talk about statement of cash flow we need to consider all operating expenses

what does fully classified balance sheet means?

student,very often, they cannot distinguish where to put between closing stock and opening stock in trial balance. we put opening stock in trial balance while closing stock we put in balance sheet

I can't wait to do this practice...just love accounting and dealing with business' transactions...thou sometimes its a headache but once we are used to it...its fun...

identifying the different accounting concepts and principles and the manner in which they relate to the balance sheet and analysis and interpretation of a series of balance sheets .

task of b. sheet

i like how they be informed but wishing hence they be clarified

I understood the first three bullet points clearly. However, some examples on the last three points would help me to understand the implications.

In the Introduction of Accounting module, the Balance sheet Tasks is to accurately list the assets, liabilities and equity for a certain period in time. Current transactions need to be considered and reviewed for properly reporting on this sheet.