Learning outcomes
Why businesses keep accounts
Trading, profit and loss accounts
Vertical balance sheet
Example of a vertical balance sheet
Trading, profit and loss account activity
Vertical balance sheet activity
Consolidation task producing final accounts
Glossary

Final Accounts

Example of a vertical balance sheet

Below is a sample of a vertical balance sheet for Molly's Sweet Shop. Roll your mouse over the highlighted words in the balance sheet to find out what they mean.





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