Bookkeeping 1:3 – Statement of Financial Position


The Statement of Financial Position is a report that shows your resources as of a certain date.  It is best presented with two columns for comparison: the day before your year begins and the current date.

  • Bank Accounts and other Assets
  • Accounts Payable and other Liabilities
  • Total Equity = Net Assets

Bookkeeping 1:3 Powerpoint