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Balance Sheet Format


mcnim@shaw.ca
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I'm new to Express Accounts and attempting to do my Chart of accounts.

When I bring up the Balance Sheet report

The layout seems to be different from any other accounting package I have worked with.

 

It nets the asset by subtracting the liability from the Asset total.

 

 

I was taught that the Asset total = liabilities + equity

 

Am I doing something incorrectly with my set up.

 

Thank you

Carolyn

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