Study note: financial training 1-2
Here is today’s contents… Keep it! Go on!
Balance sheet
- We can consider balance sheet as a snapshot of one company’s financial status.
- Assets = liabilities + ownership interest. Because:
The source of your money is liabilities or ownership interest.
And the destination of your money is assets. - Assets include current assets and fix assets, for main.
- Currents assets + fix assets = total assets.
- ?Current liabilities include payable account, short money and tax should be paid, for main.
- Owner’s equity means the financial benefit which the owner should have in company’s assets.
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10月 5, 2006 | Filed Under Life
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