The Balance Sheet
Accounting · 5th Year · Preparation of Financial Statements · 2.º Período

The Balance Sheet

Structuring and preparing a Balance Sheet to show the financial position of a sole trader at a specific date.

NCCA Curriculum SpecificationsNCCA Leaving Certificate Accounting Syllabus, Section 1: Financial Accounting - Sole Traders (Balance Sheets)NCCA Leaving Certificate Accounting Syllabus, Section 1: Financial Accounting - The Conceptual Framework of Accounting (Elements of financial statements)

About This Topic

Structuring and preparing a Balance Sheet to show the financial position of a sole trader at a specific date.

Key Questions

  1. What is the difference between fixed and current assets?
  2. How is working capital calculated?
  3. How does the net profit integrate into the Balance Sheet?

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