Finance

Tips for Your Finances

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When dealing with small business finances, there are a couple items a small business should include: a balance sheet, a profit and loss statement, and a cash flow statement. These statements help a small business organize their financial activities within their business.

  • The balance sheet includes a list of the businesses assets, liabilities, and stockholders equity. We list these items in the order of the accounting equation(Assets = Liabilities + Stockholders Equity).
Finances
Photo Credit: Supply Chain Academy

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