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Current assets is an account on a balance sheet that represents the value of all assets that could be sold or liquidated into cash within one year.
The balance sheet is so named because all of the assets have to equal, or balance out to, the liabilities and shareholder equity.
These balance sheets contain several items, including current assets. Current assets reflect a company’s short-term assets that can be converted into cash within one year.
There are five sections on a balance sheet: current assets, non-current assets, current liabilities, non-current liabilities, and shareholders' equity.
A balance sheet uses a formula that equates a company's assets with its liabilities plus its shareholder equity. The equation should always be in "balance," with the two sides equal.
A balance sheet includes a summary of a business’s assets, liabilities, and capital. Learn what a balance sheet should include and how to create your own.
A balance sheet shows a company's assets, liabilities, and shareholder equity at that point in time. Learn how they work, how to read one, and why they're important.
Comprehensive balance sheets break assets and liabilities into two categories: current and non-current. "Current" encompasses items that can be turned into cash quickly.
A balance sheet is a type of financial statement that lists a company's assets, liabilities, and shareholders' equity. The assets should be in "balance" and equal the total liabilities and ...
This table contains information on the balance sheet of the general government sector. The balance sheet shows stock levels of assets and financial liabilities, as well as net worth of the general ...
Assets on a balance sheet include current assets like cash and inventory, and fixed assets like property. Asset turnover and return on assets measure a company's efficiency in using assets to ...