Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...
The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals.
Assets are quantifiable items — tangible or intangible — that add to your company’s value. Liabilities are what your company owes to others, whether that’s a vendor or a bank that issued a loan.
If you're interested in investing, you've probably read quite a few articles that say "do your homework" before buying a stock. Reading and understanding a balance sheet is part of that homework.
Equity represents the accounting (book) value of a company or it can represent ownership of a specific asset, such as a car or house. Learn more about equity in finance and how investors use it to ...
Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.
Whether you're planning to pursue a career in accounting, management, finance, economics, or any other related field, learning the fundamentals of accounting can provide the framework you need to be ...
The balance sheet of a company that operates as a partnership has the same basic outline as the balance sheet of a corporation. Both types have three sections: assets, liabilities and equity. By ...
If you're interested in investing, you've probably read quite a few articles that say "do your homework" before buying a stock. Reading and understanding a balance sheet is part of that homework.
If you’re interested in investing, you’ve probably read quite a few articles that say “do your homework” before buying a stock. Reading and understanding a balance sheet is part of that homework.