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Balance Sheets (Interpreting Balance Sheet Data (Shareholders can see if…
Balance Sheets
Assets
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Fixed/Non-Current Assets
Land, Buildings, Equipment,
Public Diagram
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Most fixed assets, apart from land, depreciate over time so the value of these will fall on the balance sheet from one year to the next
Intangible assets
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Brand names, patents and copyrights
Current assets
Cash, inventories (stocks) and accounts receivables (debtor customers who owe money to the business)
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