Assets Distribution: For this part, the balance sheet has more items listed here. The last item above
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Assets Distribution: For this part, the balance sheet has more items listed here. The last item above other
assets should include all the rest of the assets consolidated together except the first four listed above. The reason for consolidation is to be able to see the big/important items. If you list all the assets as in the balance sheet, it is hard to tell asset allocation. The smaller portion of the assets should be combined. However, if you find the last item has a large value, then that means you need to pick some larger items from there and listed them separately.
Year-end FY 2022 Assets: Cash ___ Accounts receivable 1,175.50_____ Inventory __2,176.60__ Fixed Assets ___ Other Assets ___ Total: 27,978.40
Posted Date: