Accounting Basics: Current Assets - Accounts Receivable
Almost as common a term as cash nowadays, accounts receivable is an accounting term meaning amounts owed to a bus…
Accounting Basics: Current Assets - Cash
Cash is normally the first item listed under Current Assets on the Balance Sheet. What does cash include? Cash …
Accounting Basics: Current Assets
We've previously discussed what Assets are. In an unclassified balance sheet where you only have 3 major cla…
Accounting Basics: Assets
As hinted in my previous entry, the balance sheet is comprised of three basic sections: assets, liabilities and owner…