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[Music] welcome back to my youtube channel apocaba and how are you my name is zuratidalimi [Music] in my previous three videos showing the process in more detail to record the journal entries the double entries debits and credits posted to the general ledger transferred to the trial balance and made an income statement this step-by-step sequence is very important to follow towards handling a full set of accounts i have provided the three videos link in the description below for your easy reference in this video i will continue to the next of very important financial statement namely balance sheet so the title of this video is prepare the balance sheet in account form and report form with examples to those who are new to my channel i welcome you to watch my videos i also highly appreciate and thank you to my followers who continue to support my channel [Music] [Music] what is balance sheet a balance sheet is a financial statement that shows the companys assets liabilities and honest e