To construct a balance sheet,you need to compile dollar values for your assets and liabilities.Good sources from which to begin are
A) checkbook or savings account records.
B) receipts of various payments.
C) Investment account statements.
D) all of these.

Question

To construct a balance sheet,you need to compile dollar values for your assets and liabilities.Good sources from which to begin are​
A) ​checkbook or savings account records.
B) ​receipts of various payments.
C) ​Investment account statements.
D) ​all of these.

Quizplus · Accepted Answer

All of these options are good sources to begin compiling dollar values for assets and liabilities when constructing a balance sheet. Checkbook or savings account records can provide information on cash, receipts of various payments can give insight into accounts receivable or prepaid expenses, and investment account statements can provide information on stocks, bonds, or other investments.

To Construct a Balance Sheet,you Need to Compile Dollar Values