properties owned by the company, regarded as having value and available to meet debts, commitments, or legacies

(a)  

these are what the companies owe and the obligations to its creditors and stakeholders

(a)  

this is the most liquid asset

(a)  

the process of converting other assets into cash

(a)  

when the company sells its product or conduct services on account, these are recorded in this account

(a)  

When the company pay in advance to enjoy the benefits of use, these are recorded in this account

(a)  

Inventory or stock refers to the goods and materials that a business holds for the ultimate goal of resale, production or utilisation

(a)  

these are holdings of the company that takes longer to be liquidated and the benefits thereof are enjoyed longer

(a)  

this will not depreciate

(a)  

in the course of business, these are what the company use to transform products into its final products for sale

(a)  

the statement of the companies financial position at a given time

(a)  

this reflects the financial performance of the company at given time

(a)  

statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities

(a)  

This includes the money they've directly invested and the accumulation of income the company has earned and that has been reinvested since inception

(a)