11+ Fantastic Condensed Balance Sheet Format

This form of presentation may be used in combination with a complete set of condensed financial statements when the intent is to present just the highlights of an entity s assets liabilities and equity.

Condensed balance sheet format. What Are Condensed Financials. Report on a condensed balance sheet as of March 31 19X1 and the related con-densed statements of income and cash flows for the three-month periods ended March 31 19X1 and 19X0 together with a report on a condensed balance sheet derived from audited financial statements as of December 31 19X0 included in Form 10-Q8. Capital and Liabilities 1.

No Ratio Formula Description. A condensed balance sheet is a statement of changes in financial position that is presented in a highly aggregated format. Our goal is to make raw data publicly available in open data format as soon as it is approved for public release through other channels.

You can also see how the company resources are distributed and compare the information with similar companies. In this way the balance sheet shows how the resources controlled by the business assets are financed by debt liabilities or shareholder investments equity. Current assets include cash accounts receivable inventories securities available for sale and prepaid expenses.

Schedule 3 of the Companies Act 2013 provides the format of the Balance sheet in accordance with which all the Indian companies are needed to prepare their financial statements annually Financial Statements Annually Annual Financial Statements refers to the annual presentation of the entitys financial performance comprising a Balance Sheet statement of profit and loss statement of changes. For example the assets section of a typical balance sheet is divided into current and long-term assets. The footnotes that usually accompany a complete set.

Edit with Office GoogleDocs iWork etc. Download Template Fill in the Blanks Job Done. Quick Ratio Current Assets Inventory Current Liabilities.

Types of Balance Sheet Ratios. Illustrative Format of Condensed Financial Statements for a Bank. Cash and Cash equivalents as a percentage of total assets increased substantially from 56 in 2008 to 81 in 2014.