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The balance sheet contains a full list of all assets and liabilities for the organisation. The asset list will contain both fixed and current assets. Fixed assets are tangible items such as buildings and equipment. Fixed assets generally deprecate over time. Current assets (aka liquid assets) are a list of assets that could be converted into cash within 12 months if so required by the organisation. Examples would be stocks or prepaid expenses.
Similarly the liabilities on a balance sheet are broken up into different categories. Namely, current liabilities, long-term (aka deferred) liabilities and contingent liabilities...
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Common topics in this essay:
- Cash Management
- Cash Management
- Cash Management
- Cash Management
- Cash Management
- Cash Management
- Cash Management
- Cash Management
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- Sales and Financing: Cash Reconciliation
- Cash Management
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- financial statements associated with good organisational management.
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