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The balance sheet is important to business operations in general. It provides a snapshot of what the company owns and what they owe to outside sources. The balance sheet is also known as a profit and loss account. By either name Cheap C. J. Beathard Jersey , this special form of financial statement provides great insight into an organization's holdings.


Breaking Down the Balance Sheet


To clarify, a balance sheet shows how much money the organization has, how much property they own, and most importantly, how much money they owe. This is beneficial for outside sources to view ? bankers, investors Cheap Reuben Foster Jersey , and even potential creditors.


The balance sheet is broken down into several sections. Each section is grouped by liquidity ? that is, how easily the particular asset can be converted into cash. The first section is short term assets. Within this category, cash is listed first, followed by near cash assets. Near cash assets are assets that can be easily converted into cash. Accounts receivable, money that people owe the organization, is also listed in this category.


The next category is the long term assets. These would include equipment Cheap Jaquiski Tartt Jersey , property, and buildings, along with long term accounts receivable. Generally, long term assets are assets that cannot be easily converted to cash within a year's time.


After long term assets comes the liabilities category. This category is also divided into short and long term ? that is, short and long term liabilities. In this case, time is generally defined in years ? less than a year for short term Cheap Arik Armstead Jersey , and more than a year for long term.


Short term liabilities would include items such as mortgage payments for the next year, along with utilities and equipment leases. In addition, short term liabilities include employee wages, usually listed as wages payable. Long term liabilities would include items such as the remainder of the mortgage for future years, along with equipment leases. Items here overlap, as time is the separator Cheap DeForest Buckner Jersey , not the specific item.


Uses of the Balance Sheet


The balance sheet is used internally to gain insight into what the company has available at a certain point in time. Potential creditors to use a company's balance sheet to determine the cash to debt ratio, which would in turn inform them how much risk is involved in lending. Investors can use a company's balance sheet to judge risk as well. For example, if a company is cash heavy or cash light, this could be an indicator of problems within the company. Size of the balance sheet is also an important factor in determining corporate health. If the balance sheet is large, this is an indicator of lots of activity, which may indicate positive growth. On the other hand Cheap Ahkello Witherspoon Jersey , if the balance sheet is small, it may mean that the company is growing stagnant.


Flow and Format of Balance Sheets


The balance sheet is laid out in a specific order for a number of reasons. The first reason is GAAP, or Generally Acceptable Accounting Practices. It is a guideline used by all accountants to formalize the statements and keep communication standardized. If the company is also publicly traded, then the format of the balance sheet is required by the SEC, the Securities and Exchange Commission. The last reason relates to Sarbanes ? Oxley, a set of accounting regulation regarding internal controls designed to minimize fraud. Due to recent corporate scandals Cheap Solomon Thomas Jersey , such as Enron and WorldCom, regulations have been stricter, requiring more detail.


In short, balance sheets provide insight into a company's holdings for all to see. Balance sheets are a highly informative tool, often open for public viewing if the company is traded publicly. Without balance sheets, it becomes difficult to gain a clear insight into the health of the company.

All about Casino Games for Mobile Phone

Posted by articlelink01 on June 2nd Cheap Richard Sherman Jersey , 2014


Gambling enthusiasts are very excited with the introduction of casino games for mobile phone because they know that it can offer enticing benefits for them. Players are now starting to realize its goodness and appreciate mobile casinos as the best source of entertainment right through their homes, offices anywhere they are. With the use of smartphone, players can now try different varieties of casino games from diverse mobile devices. Actually, this technology is not only focused on mobile devices, but also for tablet users, iPad and many more. Popular online casinos have their own mobile version. So you can expect to play poker Cheap Jimmy Garoppolo Jersey , baccarat, roulette and other casino games that are available online. You will not be limited with choices. Right before you create an account to a particular casino provider, make sure that they have everything that you need from games to different payment options.

If you want to become part of this mobile casino craze, then there are important considerations that you need to know like the use of data connection. Although modern smartphone is wifi enabled, this internet connection is not always available especially if you are outside your home. Mobile phone owners can get data connection from their trusted telecom provider. The provider is the one located form your country or region. You may use GPRS and other technology to acquire data connection.

There are still a lot of critics of casino games for mobile phone because some of them view this technology as underdeveloped. However, experts said that the demand for this new market will experience a steady growth and will earn as much as $20 billion dollars in the coming years to come. The truth is that numbers of online casino providers are developing their own mobile casino version in order to reach more players from diverse parts of the world. People who are not used to casino games are now interested to try them during their free time. The good news about mobile casino is the fact that there are free games that people can try if they just want to play for fun.