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  2. Balance sheet - Wikipedia

    en.wikipedia.org/wiki/Balance_sheet

    In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

  3. How To Balance a Checkbook - AOL

    www.aol.com/balance-checkbook-214056042.html

    Paying by check, for example, can take several business days to reflect on the running balance, depending on how and when the payee processes the check. Step 4: Check Your Balance Often

  4. How Accounts Payable Are Recorded on a Balance Sheet - AOL

    www.aol.com/accounts-payable-recorded-balance...

    A company’s balance sheet is generally broken down into three major categories, including: Assets: Includes cash, cash equivalents , marketable securities, accounts receivable, inventory ...

  5. How to Analyze a Balance Sheet - AOL

    www.aol.com/analyze-balance-sheet-193300468.html

    Companies with strong balance sheets, (besides Berkshire Hathaway). Check out The Motley Fool's Dictionary of Financial Terms to learn more. ... One is a balance sheet story, and then the second ...

  6. Balance (accounting) - Wikipedia

    en.wikipedia.org/wiki/Balance_(accounting)

    The first "balancing" of books, or the balance sheet financial statement in accounting is to check iterations (trial balance) to be sure the equation above applies, and where assets and liabilities are unequal, to equalize them by debiting or crediting owner's equity [2] (i.e. if assets exceed liabilities, equity is increased, if liabilities ...

  7. Single-entry bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Single-entry_bookkeeping

    Single-entry bookkeeping, also known as, single-entry accounting, is a method of bookkeeping that relies on a one-sided accounting entry to maintain financial information. . The primary bookkeeping record in single-entry bookkeeping is the cash book, which is similar to a checking account register (in UK: cheque account, current account), except all entries are allocated among several ...

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