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2. Balance sheet - Wikipedia

   en.wikipedia.org/wiki/Balance_sheet

   Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time of a business's calendar year. [2] A standard company balance sheet has two sides: assets on the left, and financing on the right–which itself has two parts; liabilities and ownership equity.

3. Chart of accounts - Wikipedia

   en.wikipedia.org/wiki/Chart_of_accounts

   A chart of accounts (COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are coded by ...

4. How to Read and Analyze a Balance Sheet - AOL

   www.aol.com/news/read-analyze-balance-sheet...

   A balance sheet is one of three financial documents that every investor should check when researching a company to invest in. The other two are an income statement, which looks at a company’s ...

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

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

   For example, if you purchased a $500 tool with a credit from a vendor, you can include that tool as an asset in your balance sheet. In the liabilities section of your balance sheet, you can add ...

6. What are assets, liabilities and equity? - AOL

   www.aol.com/finance/assets-liabilities-equity...

   To balance your books, the accounting equation says assets should always equal liabilities plus equity. But if you need a business loan or line of credit, understanding the relationship between ...

7. General ledger - Wikipedia

   en.wikipedia.org/wiki/General_ledger

   Assets = Liabilities + (Shareholder's or Owner's equity). [10] [5] The accounting equation is the mathematical structure of the balance sheet. Although a general ledger appears to be fairly simple, in large or complex organizations or organizations with various subsidiaries, the general ledger can grow to be quite large and take several hours ...

8. Types of Risk-Affecting Assets and Liabilities - AOL

   www.aol.com/finance/types-risk-affecting-assets...

   A financial advisor can do the same for you by looking at your balance sheet’s assets and liabilities and trying to improve the way they relate to each other. What Is Asset vs. Liability Management?

9. Account (bookkeeping) - Wikipedia

   en.wikipedia.org/wiki/Account_(bookkeeping)

   The classification of accounts into real, personal and nominal is based on their nature i.e. physical asset, liability, juristic entity or financial transaction. The further classification of accounts is based on the periodicity of their inflows or outflows in the context of the fiscal year: Income is a short term inflow during the fiscal year.