Balance sheet explained

Posted by hc2011 PM | on Mon, 20/08/2012 - 10:14 1650 14 comments | report

Can someone explain what goes in the creditor and debtor sections on a balance sheet?

The limited company is both CIS and VAT registered. I am trying to get my head around a balance sheet done by a past accountant, it appears to make no sense.

Comments

There are 14 comments. Login or register to view them.

I think ...

BKD | Mon, 20/08/2012 - 10:32

The balance sheet just

hc2011 | Mon, 20/08/2012 - 10:40

If you insist on being vague ...

BKD | Mon, 20/08/2012 - 10:46

CIS & VAT

Euan MacLennan | Mon, 20/08/2012 - 10:50

Simple solution

ShirleyM | Mon, 20/08/2012 - 10:51

Hi,

hc2011 | Mon, 20/08/2012 - 10:51

I think it may be helpful to

donroamin | Mon, 20/08/2012 - 10:52

CIS

ShirleyM | Mon, 20/08/2012 - 10:54

What other things can be

hc2011 | Mon, 20/08/2012 - 11:15

Creditors

ShirleyM | Mon, 20/08/2012 - 11:35

Homework?

Chris Smail | Mon, 20/08/2012 - 11:48

The accountant has

hc2011 | Mon, 20/08/2012 - 13:33

Who are "we"?

Euan MacLennan | Mon, 20/08/2012 - 13:38

Get a new accountant

occca | Mon, 20/08/2012 - 17:34