What Is Found on an Economic Asset Balance Sheet?

Answer If you delve into a company's balance sheet, you will see corporate liabilities, equity and assets -- also known as economic resources. Accountants sometimes use the terms "statement of financial p... Read More »

Top Q&A For: What Is Found on an Economic Asset Balance Sheet

Do You Increase Your Asset on the Balance Sheet to Market Value?

The balance sheet shows a company's net worth at a specific point in time. Items that appear on the balance sheet appear at book value or cost. Assets such as plant and equipment appear at cost les... Read More »

How Does GAAP Determine Whether an Intangible Asset Is Included on the Balance Sheet?

Most accounting is done on an accrual basis, meaning that costs and revenues are recorded in the time periods of their occurrence. Since some transactions can be difficult to date, a system of rule... Read More »

What is an analysis of the balance sheet?

A balance sheet lists the assets, liabilities and stockholders' equity of a company. An analysis of the balance sheet involves reviewing all of the different components of a balance sheet to determ... Read More »

What is an accounting balance sheet?

An accounting balance sheet is a financial statement used by accountants and business owners. A balance sheet gives an indication of a company's financial health. It also is referred to as a statem... Read More »