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Sarah Torres
1,821 PointsI didn't understand this question. I was looking into the current liability and current assets in 2017 lowest book vaule
How do I found out the difference between current liability or current assets? What am I suppose to look for the lowest book value in 2017 from a balance sheet?
2 Answers
Steven Parker
231,275 Points"Current assets" are listed under "Assets" at the top of the sample report, and "Current liabilities" under "Liabilities and Sthockholders' Equity" a bit more than halfway down. I found the smallest amount among the 3 items in the liabilities.
I did, however, have a technical issue with this question. If you enter the item name with the capitalization shown, it gets marked both right and wrong at the same time. But it was accepted when entered in all lower case.
Sarah Torres
1,821 PointsOkay, thanks for letting me know.
Steven Parker
231,275 PointsSarah Torres — Glad to help. You can mark the question solved by choosing a "best answer".
And happy coding!