Ask the Accounting Community

  • 1.  Church Balance Sheet

    Posted 29 days ago
    My name is Alberte Alexandre. I’m doing volunteer accounting work at my Church. I have to prepare a balance sheet for the Church. It ha a house and a van. The van is already finished paying and has a value of $3,000.00, but the house has a mortgage. How should I present them in the B.S.?

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