If a client asks me to do a balance sheet for a given month, but they put a question mark beside Truck and Accounts Payable in the assests column..can I even do the balance sheet since these are part of the assests?

To accurately prepare a balance sheet, you will need the precise values for all the assets, including Truck and Accounts Payable. If your client has put a question mark beside these items, it means there is uncertainty surrounding their values.

In order to proceed with the balance sheet, you have a few options:

1. Communicate with the client: Reach out to the client and clarify the reason behind the question marks. Request additional information or documentation to accurately determine the values of the Truck and Accounts Payable. This may involve asking for invoices, statements, or other financial records.

2. Estimate the values: If the client is unable to provide the exact values, you could make a reasonable estimate based on available information. For example, if the Truck was purchased for $50,000 three years ago, you could assume its current value based on its depreciation. Similarly, you could estimate the outstanding balance of Accounts Payable by looking at previous account statements or average payment terms.

3. Consult with relevant parties: If you are unsure about the values or cannot make reasonable estimates, it may be necessary to involve other professionals, such as accountants or auditors. They can provide expertise in assessing the value of specific assets or liabilities and provide guidance on how best to handle uncertain data.

Remember that the accuracy and reliability of the balance sheet are crucial, as it is a key financial statement used for decision-making and assessment of the company's financial health.