answersLogoWhite

0


Best Answer

tu baata

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is topline and bottom line in the balance sheet?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What information is entered on the third line of the heading of a balance sheet?

The date The first is the person/ company who you are doing the balance sheet for, and the second is the title "Balance Sheet"


What is balance sheet restructuring?

Balance sheet restructuring is the term used when a company reorganizes its structure to increase profits or to become more organized in its business practices. It may reorganize the ownership structure, the legal structure, or any one of a number of current practices that affect the bottom line.


What does the number in parentheses mean on balance sheet line item?

the number is negative.


What does bottom line mean?

Bottom Line The last line of a company's profit and loss ledger sheet. The bottom line usually refers to the net profit or loss of a company at any given time. The bottom line is a figurative term meaning "the basic information," "the essentials," as in "What's the bottom line of this situation?"


What does bottom mean?

Bottom Line The last line of a company's profit and loss ledger sheet. The bottom line usually refers to the net profit or loss of a company at any given time. The bottom line is a figurative term meaning "the basic information," "the essentials," as in "What's the bottom line of this situation?"


Is a financial statement form helpful to keep accounts?

The balance sheet is a snapshot of your business financials. It includes assets, and liabilities and net worth. The "bottom line" of a balance sheet must always include (assets = liabilities + net worth). The individual elements of a balance sheet change from day to day and reflect the activities of a business. Analyzing how the balance sheet changes over time will reveal important financial information about a business. It can help you can monitor your ability to collect revenues, manage your inventory, and assess your ability to satisfy creditors and stockholders.


On a sheet of music where is the C located for a trumpet?

Low C is two below the bottom line. High C is between the third and fourth line if you count from the bottom line up.


Does ebita gross operating profit and topline revenue mean the same?

Is the top line and GOP the same


An officer of Carson Company recently commented that when he receives the firm's financial statements He looks at just the bottom line of the income statement -- the line that shows the net income or?

An officer of Carson Company recently commented that when he receives the firm's financial statements. He looks at just the bottom line of the income statement -- the line that shows the net income or net loss for the period. He said that he does not bother with the rest of the income statement because "it's only the bottom line that counts." He also does not read the balance sheet. Do you think this manager is correct in the way he uses the financial statements? Why or why not?


What is an underline on a horse?

A horses underline is the 'under carriage' portion of the horse. Basically it's the line that the horses stomach/barrel makes, just as the topline is the horses back and hindquarters. A horses underline should be longer than it's topline.


What tax line do you use for retained earnings?

Retained earnings is not a tax line issue. The only place on a tax return that retained earnings would be placed is on the balance sheet if you are required to include a balance sheet with your return. Retained earnings is an account used to show the ongoing profits and losses in a business and to process the year end accounting.


How do you post ordinal shares on balance sheet?

To post ordinal shares on a balance sheet, you need to first determine the number of shares and their corresponding value. Then, create an equity section on the balance sheet and include a line item for "Ordinal Shares" with the total number of shares and their value as the amount. Finally, adjust the equity section to reflect any changes in the number of shares or value over time.