RE: What is a vertical balance sheet?
Please can anyone tell me about Vertical Balance Sheet
- A vertical balance sheet is one in which the balance sheet presentation format is a single column of numbers, beginning with asset line items, followed by liability line items, and ending with shareholders’ equity line items.
- The vertical balance sheet format is much more popular than the horizontal balance sheet format, because you can use it to include the balance sheets for multiple periods on a single page, using a side-by-side presentation format that may span a large number of reporting periods.
