The Balance Sheet Explained - The Basics
We cover the basic layout of the balance sheet. This is one of the big three reports from the accounting system. Something else to know: the balance on a given report is the summation of all transactions up to that point. For instance, if you see the amount $70,000 in Equity Capital on the report two years in a row, that means that probably nothing changed from one year to the next. It is the same value. You do not add them together.
Chapters:
0:00 Start
1:05 Assets
5:15 Liabilities
8:02 Equity
9:04 Accounting Equation
9:46 Wrap Up
Visit my website for information about my fractional CFO services.
www.your-cfo-service.com
Feel free to visit my LinkedIn page:
https://www.linkedin.com/in/randyhelm/
Or my Facebook page:
https://www.facebook.com/profile.php?id=100023484129509
-
1:20:26
Winston Marshall
1 day agoUNCOVERED: Legal System Weaponised - Trump, Hunter, Bannon & Biden | The Winston Marshall Show #020
30.7K101 -
16:09
Chicks in the Office
6 hours agoOur Top 12 Songs On Repeat This Week - Music You Can't Miss
27.2K30 -
2:23:05
Gigi Young
1 day agoLecture: The Mystery of Death
17.2K4 -
1:01:15
The Dan Bongino Show
9 hours agoSUNDAY SPECIAL with Mike Benz, Scott Presler, Julie Kelly and Jim Verdi - 06/23/2024
143K335 -
31:41
Standpoint with Gabe Groisman
9 hours agoEp. 32. Libs of TikTok. Chaya Raichik
43.6K42 -
35:24
Squaring The Circle w/ Randall Carlson
1 day ago#009 Are Sea Levels REALLY Rising? Pt 2 - Squaring the Circle: A Randall Carlson Podcast
69.2K58 -
14:23
Freakin' Reviews
1 day agoPan Wars! $90 Caraway vs $8 Martha Stewart!
58.6K18 -
4:21
ParisDemers
1 day agoScientific Trick That Increases Your Testosterone 400% In 7 Days!
73.4K19 -
16:30
CarlCrusher
1 day agoPsychic Witches Perform Conjuring Seance at Skinwalker's Evil Twin Ranch near Area 51
70.3K15 -
6:39
Tactical Advisor
1 day agoNEW CMMG BR4 (FIRST LOOK)
67.2K20