Question

with what kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily

Answer 1

Must be familiar with accounting and business vocabulary.

Step-by-step explanation:

The balance sheet refers to the liabilities and assets of a company. That is, two debts with third parties and their assets. In this sense, a restaurant's balance sheet will technically show the restaurant's liabilities, assets and net worth, and it is necessary to understand technical terms related to accounting and the business environment.

Answer 2

A person should be familiar for reading the balance sheet of a restaurant easily when he or she knows the accounting terms or vocabulary. These terms are usually used by accountants and the like which most likely handles these kind of papers. Hope this answers the question.