Abstract The lemonade stand is operating on providing lemonade by the cup. This m championtary summary report is to appropriate the companies opportunities to offer the communication furrow information. This business is operated inside the local fair. in that location be many aspects that tail assembly drive the organization to provide growth within the caller-out. There be also an luck for the weather and the business decisions to routine a position in the business aspects of the organization. Balance Sheet The companys assets are represented d oneness the operations of the quietus shred. The balance sheet determines what it owns in the assets. The main opportunity to jack off through the assets is to compute it thought through the equation of assets= liabilities + owners equity. Balance Sheet ASSETSSEASON ONESEASON TWO coin142.05225.40 Inventories32.388.83 Equipment 11.50 5.75 innate ASSETS185.93239.98 From epoch one to harden deuce in that resp ect was an increase in the cash that was available to the company. The inventories descendd as well as the scathe in equipment. In the contribute assets the amount increased to a more in season two. Liabilities The amount of liabilities from season one to season two on that point is a decrease that occurred.

The key out payable account is the precisely account that provides the information for the naval division of the liabilities. Liabilities are defined as obligations to transfer benefits as a result of past proceeding or events. Ownership of quality would appear to fall into the menage of asset; any bo rrowings against that asset would be categor! ized as a liability. A term of a contract would appear to fall into some(prenominal) liability and asset categories (Lyon,2010). As decided from the comparison of season one to season two there is a decrease that determines that the liabilities are decreasing from season to season. LIABILITIES deem Payable85.76 73.75 TOTAL LIABILITIES85.7673.75 Equity From season one to season two there...If you want to get a full essay, order it on our website:
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