L
lickle_elf
Hello
I offered to help a friend produce very simple accounts for the
Educational centre she runs as a charity. Producing the balance sheet
the first year was simple as the only entries were CURRENT ASSETS,
Cash at hand and in bank = REPRESENTED BY Net incoming resources.
This year the balance sheet still just has the two enries, however as
this is her second year trading the Cash at hand and in bank figure
represents TWO years Net incoming resources so it will not balance
with the Net Incoming resources figure for this year (obviously).
Can someone advise of of the best way of showing how the represented
by figures match the Cash and bank figures please.
Many Thanks
I offered to help a friend produce very simple accounts for the
Educational centre she runs as a charity. Producing the balance sheet
the first year was simple as the only entries were CURRENT ASSETS,
Cash at hand and in bank = REPRESENTED BY Net incoming resources.
This year the balance sheet still just has the two enries, however as
this is her second year trading the Cash at hand and in bank figure
represents TWO years Net incoming resources so it will not balance
with the Net Incoming resources figure for this year (obviously).
Can someone advise of of the best way of showing how the represented
by figures match the Cash and bank figures please.
Many Thanks