Balance Sheet Question
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Balance Sheet Question
I was reviewing various reports and our balance sheets and some numbers do not match "Total Assets" and "Total Liabilities and Equity" differ $10.52. Is this normal, why would they not match?
Re: Balance Sheet Question
The Total Assets should equal the Total Liablities & Equity on the Balance Sheet. If there is a discrepancy, then we need to know which is off the assets or the equity/liabilities.MWH wrote:I was reviewing various reports and our balance sheets and some numbers do not match "Total Assets" and "Total Liabilities and Equity" differ $10.52. Is this normal, why would they not match?
One reason can be found in this thread:
https://www.powerchurch.com/forum/viewt ... f=3&t=6250
Let us know that answer.
Neil Zampella
Using PC+ since 1999.
Using PC+ since 1999.