TianJin Tax Provision vs Minority Interest Analysis

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Balance Sheet is a snapshot of the financial position of TianJin 712 Communication at a specified time, usually calculated after every quarter, six months, or one year. TianJin 712 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TianJin 712 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 TianJin currently owns. An asset can also be divided into two categories, current and non-current.