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Most companies truncate (drop zeros) from the numbers on the financial statements. At the top, they tell you how many zeros they dropped. For example,
Most companies truncate (drop zeros) from the numbers on the financial statements. At the top, they tell you how many zeros they dropped. For example, if they say "in thousands", 3 zeros sh numbers. Prove the accounting equation for the most recent year of the assigned annual report, AND add the right number of zeros to each number. Use commas in your numbers (but not dollar signs). Use parentheses around a negative number if needed. Total Assets: Total Liabilities: | Total Equity Total Liabilities plus Shareholder Equity: Table of Contents THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS Liabilities and Stockholders' Equity Current liabilities: See accompanying notes to consolidated financial statements. 37
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