by becky | Dec 10, 2015 | Accounting, Financial Statements & Reports, Uncategorized
It’s good to know some basic accounting terms, and here are ten terms with friendly definitions for your review. Asset: Essentially, assets are what you own. These include your bank accounts, business equipment, and even the amounts that customers owe you....
by becky | Sep 15, 2014 | Financial Statements & Reports, Uncategorized
The Balance Sheet is an important report in your business’s financial statements. Most small business owners are unsure of what all of the numbers mean on this report, so let’s see if we can shed some light on what they mean. A Summary of Balances One big...