If you are making your own financial statements for a small business, it can be hard to determine where you need to report accounts. Inventory is a balance sheet account and it is an asset. It is an ...

Discover what inventory means, its essential types like raw materials and finished goods, and strategies for effective inventory management to enhance your business’s efficiency.

Unlike a past balance sheet that shows a business's actual, historical financial positions, a projected balance sheet communicates expected changes in future asset investments, outstanding liabilities ...

A balance sheet is a financial document that presents the financial status of a business through an accounting of a company’s assets, liabilities, and equity. A balance sheet, when looked at with a ...

If you’ve ever looked at a balance sheet and immediately wanted to slam your laptop shut, you’re not alone. Most business owners don’t come from accounting backgrounds, and the sheer volume of numbers ...

Q3 2025 Management View Albert Nahmad, Chairman & CEO, reported that "Watsco generated healthy earnings and record cash flow despite a very challenging market environment." He highlighted 2025 as a ...

The memory chip industry has been booming for the past few years, and Micron (NASDAQ: MU) has taken advantage. The company has built up a large pile of cash on its balance sheet, partly the result of ...