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2. Balance sheet - Wikipedia

   en.wikipedia.org/wiki/Balance_sheet

   Balance sheet substantiation is the accounting process conducted by businesses on a regular basis to confirm that the balances held in the primary accounting system of record (e.g. SAP, Oracle, other ERP system's General Ledger) are reconciled (in balance with) with the balance and transaction records held in the same or supporting sub-systems.

3. Balance (accounting) - Wikipedia

   en.wikipedia.org/wiki/Balance_(accounting)

   The first "balancing" of books, or the balance sheet financial statement in accounting is to check iterations (trial balance) to be sure the equation above applies, and where assets and liabilities are unequal, to equalize them by debiting or crediting owner's equity [2] (i.e. if assets exceed liabilities, equity is increased, if liabilities ...

4. Accounting equation - Wikipedia

   en.wikipedia.org/wiki/Accounting_equation

   Since the balance sheet is founded on the principles of the accounting equation, this equation can also be said to be responsible for estimating the net worth of an entire company. The fundamental components of the accounting equation include the calculation of both company holdings and company debts; thus, it allows owners to gauge the total ...

5. How Accounts Payable Are Recorded on a Balance Sheet - AOL

   www.aol.com/accounts-payable-recorded-balance...

   A company’s balance sheet is generally broken down into three major categories, including: Assets: Includes cash, cash equivalents , marketable securities, accounts receivable, inventory ...

6. How to Analyze a Balance Sheet - AOL

   www.aol.com/analyze-balance-sheet-193300468.html

   In the most recent balance sheet, I think they had about 87 million in total assets, but close to 32 million of that is just the company generated intangible asset. Now, they can't sell that to ...

7. Reconciliation (accounting) - Wikipedia

   en.wikipedia.org/wiki/Reconciliation_(Accounting)

   In accounting, reconciliation is the process of ensuring that two sets of records (usually the balances of two accounts) are in agreement. It is a general practice for businesses to create their balance sheet at the end of the financial year as it denotes the state of finances for that period. Reconciliation is used to ensure that the money ...