Thursday, May 27, 2010

Open Question: How can I prepare a balance sheet with this information? Business / Accounting lovers? Please help?

Article Resource:

bad credit home equity loan

fha refinance

hud requirements

fha refinance

home equity loan rate

Cash at Bank 0; creditors 5,000; vehicles 30,000; debtors 3,000; capital 60,000; inventory 10,000; overdraft 1,000; bank give 7,000; net acquire 2,000; mortgage 18,000; land and buildings 50,000 I hit no intent what drawing go in what columns or how to amount it. There are 2 columns. The prototypal lateral has Current Assets and Non underway assets. The ordinal has Current Liabilities, Non underway Liabilities and Owners equity. There is a amount at the lowermost of these 2 columns. Can anyone verify me what liquidity ratio is used & what the liquidity of the business is? and... what is the businesses solvency situation? If anyone can help, I really revalue it! Thankyou to everyone who answers.
Texas Home Equity Loan

No comments:

Post a Comment