Gansu Common Stock vs Property Plant Equipment Analysis

Balance Sheet is a snapshot of the financial position of Gansu Mogao Industrial at a specified time, usually calculated after every quarter, six months, or one year. Gansu Mogao Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gansu Mogao and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Gansu currently owns. An asset can also be divided into two categories, current and non-current.