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Types Of Reactions Worksheet Then Balancing

  • 3 min read
  • Jul 26, 2018

A Worksheet for a Balance Sheet is basically a spreadsheet that contains the details of the financial statements of an enterprise. It is a useful tool that help in keeping track of the financial activities of the firm, as well as calculating the net worth of the entity. This helps in making the necessary corrections when necessary.

An Excel worksheet works as the balance sheet of an enterprise. They are very important as they show the total profit, and loss statement, as well as income statement of the business. The balance sheet has three basic parts. The first one is called the Statement of Income, which is a basic statement of the enterprise’s earnings and cash flow. The second part of the balance sheet is called the Statement of Operations, which reports the activity of the enterprise in the financial statement of the firm.

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The third part of the balance sheet is called the Statement of Cash Flows, which shows the flow of money from the enterprise into its assets and out of it. All these three parts are important, but the first two are the most important while the last one is of less importance.

These three parts of the balance sheet are very important and they are not affected by other factors, like, when there is a change in the accounting or management system, for example a change in bookkeeping or a shift in accounting methods. The results will be similar in all three parts, because in all three cases the enterprise’s income is equal to the cost of its assets minus the cost of its liabilities.

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There are many types of reactions worksheet then balancing the accounts. Each type of reaction worksheet has its own characteristics, which are very important in the accounting process.

The first type of reaction worksheet is Working Capital. Working capital refers to the amount of money available in the enterprise’s bank account. This is the amount of money that can be used to pay the expenses of an enterprise without leaving a surplus in the bank account.

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There are several types of reactions worksheet then balancing the accounts according to the ratio of working capital to total assets. In a first reaction worksheet, this is the basis for determining the amount of working capital that is available in the firm. And its assets and liabilities. In a second reaction worksheet, this is the basis for calculating the total liabilities and assets and determining the interest rate that would be applied to the liabilities.

The third type of reaction worksheet is the Statement of Cash Flows. In this worksheet, it determines the flow of money from the enterprise to its assets and out of it. When it calculates this, it takes into account the difference between the net assets and its liabilities, as well as the difference between the bank balance and the operating balance, in order to determine the net operating cash flow of the firm.

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Capital assets and liabilities are considered together. If they are, then the capital is called the reserve of the capital. If they are not, then the firm is considered to have a deficit in its capital.

The Balance Sheet also includes a Statement of Cash Flows. This is the statement that is used in the process of paying dividends and capital gains taxes, when the income of the firm is used to calculate the interest that would be paid to the shareholders.

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The last type of reaction worksheet is the Statement of Fair Value. This is the statement that helps to determine the value of the assets and the liabilities of the enterprise.

Reaction worksheets are also used in the determination of the value of other financial assets, such as land, buildings, inventories, equipment, and real estate. These are called assets of the enterprise. When the capital stock is divided among them according to their fair value, this is called the fair value determination.

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