#4 Balance Sheet | Part 2 | July 2019 Financial Accounting

Welcome to 'July 2019 Financial Accounting' course !

This lecture further analyzes the balance sheet format as per Schedule VI of the Companies Act. The lecture reviews shareholder funds and discusses non current liabilities and current liabilities. Non current liabilities are those that are not payable within one year, while current liabilities are those that are payable within one year. The lecture also reviews the asset side of the balance sheet, which is divided into non urrent assets and current assets.
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