fabm

is a quantitative analysis technique applied by an entity to be able to assess the company's liquidity, solvency, profitability, and operational efficiency through scrutiny of account balances reported in the balance sheet and income statement.

determine whether an entity can be able to pay for current liabilities as the become due with the use of current assets.

determine whether an entity has more ownership rather than debts. It is also called leverage ratios. These ratios involve comparisons of debt, asset, equity, and interest.

measure how well does an entity utilizes their assets and resources to generate income.

measure how well does an entity generate income that relates to their revenues, operating costs, assets, and capital.

They are used to document business transactions; they are pictures of business transactions. They are evidence of the occurrence of transactions. They also describe the details of transactions

These forms are used only within the company. These forms may be used by seller only or the buyer only They document the accountability of the personnel on the transactions that occur

used for the acquisition of inventories, office supplies or equipment.

used to document the quality and quantity of items received

payments are made by check