What Is a Classified Balance Sheet?
A classified balance sheet (classified balance sheet) refers to the further breakdown of assets and liabilities in order to provide decision makers with more information to help readers quickly grasp the company's financial situation. [1]
Classified balance sheet
Right!
- Chinese name
- Classified balance sheet
- Mind
- Account composition sub-categories for reporting
- Category
- Accounting
- Function
- Provide more information for decision makers
- A classified balance sheet (classified balance sheet) refers to the further breakdown of assets and liabilities in order to provide decision makers with more information to help readers quickly grasp the company's financial situation. [1]
- In accounting, a classified balance sheet refers to a balance sheet that reports into small categories of accounts to help readers quickly grasp the company's financial position. A classified balance sheet further subdivides assets and liabilities to Provide more information for decision makers.