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The account form has a horizontal presentation, while the report form has a vertical presentation. Everything else is the same. Same information is provided in both just with different views.

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Q: How report form and account form balance sheet differ?
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How Report-form and account-form balance sheets differ?

Presentation form of a balance sheet, which generally follows one of two formats: (1) the traditional form called the account form, which presents assets on the left and liabilities and owner's equity on the right; and (2) the report form, which presents assets above, liabilities and stockholders' equity below. Both types of format are widely used.


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Does a liability account go on a balance sheet?

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What is the two forms of balance sheet?

The report form style of the balance sheet shows assets, liabilities and stockholder's equity in a "downward" or vertical formation. In an account form style of the balance sheet, the assets are on the left side where the liabilities and stockholder's equity show on the right side or in a "horizontal" presentation.