If a company has positive cash flow it means the companys liquid assets are increasing. What Does It Mean to Be Cash Flow Positive. To achieve that the company will have to turn operating cash-flow positive. AMC through minor fault of its own has been going through cash at a rapid rate. Perhaps most important […]
Category: Financial
Liability Equals Assets Plus Equity
Accounting is desig Continue Reading David Friedman I have obeyed a. Liabilities equal assets plus owners equity d. The balance sheet identity shows that stockholders equity equals assets _____ liabilities. The three elements of the accounting equation are assets liabilities and shareholders equity. Owners equity minus assets d. If the total liabilities are P 210000 […]
Does Closing Stock Come In Trial Balance
Yes if the closing stock is given in trial balance it is shown in Assesst side of Balance Sheet while if closing stock is given inAdjustments then it is shown in credit side of Trading ac as. Where Closing Stock ac is present in the Trial Balance it is an indication that the Journal entry […]