The Balance Sheet represents the financial position of the University and Business Areas at a particular point in time. The Balance Sheets are represented as Assets, Liabilities, and Equity/Fund ...

The accounting cycle tracks a transaction until it’s added to your company’s financial statement. Follow this eight-step ...

Thinking about balance sheets isn’t the most exciting part of being a small business owner. However, if you want to position your business for growth or increase your cash flow, building a fortress ...

Learning to adjust long-term debt on a balance sheet can be daunting for a business. Handling a long-term notes payable journal entry or providing long-term loan accounting treatment can be ...