week The Balance Sheet培训教程文件.pptVIP

The Balance Sheet Assets, Liabilities, Capital Assets = all the resources that the business uses Fixed Assets: used for a long period of time (buildings; machinery) Current Assets: are consumed in the production process (raw materials) Liabilities = all the debts of the business Long term liabilities: bank loans; mortgages; debentures; government grants Short term: overdraft; trade credit; debt factoring; bank loans Capital = money given to the business by the owners For example when they buy company shares What does a Balance Sheet Show? Current Assets Stocks Raw materials Money owed by debt