Content The three aspects of a balance sheet in detail. Does a Balance Sheet Always Balance? Components of a balance sheet Working Capital Download your free balance sheet template So for the asset side, the accounts are classified typically from most liquid to least liquid. For the liabilities side, the accounts are organized from short- […]
Category Archives: Bookkeeping
It means that you’ll need to make sure your financial records are in order, so that when it comes time to report your income and file taxes, you have everything you need. Accurate, IRS-compliant financial reporting starts with proper bookkeeping and accounting. Plus, as you likely know, rental property income and expenses can be unpredictable, […]
Content Enron scandal Updates to Accounting Standards Since Enron What is mark-to-market in real estate? Mark to Market (MTM): What It Means in Accounting, Finance, and Investing What is Mark To Market? Mark to Market Accounting: Is it time to bend the rules? The false premise that the price for which an asset can be […]