Financial Statements Paper

Essay specific features

 

Issue:

Business

 

Written by:

Maureen H

 

Date added:

February 24, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 787

 

Was viewed:

8018 times

 

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Essay content:

This usually means they can either be sold or used by the company to make products or provide services that can be sold. Assets include physical property, such as plants, trucks, equipment and inventory. Assets also include things that can't be touched but nonetheless exist and have value, such as trademarks and patents...
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Cash itself is an asset, as well as investments that a company makes. Liabilities are amounts of money that a company owes to others. This can include all kinds of obligations, such as money borrowed from a bank to launch a new product, rent for use of a building, money owed to suppliers for materials, payroll a company owes to its employees, environmental cleanup costs, or taxes owed to the government...
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