MBA Accounting

This page provides a snapshot of all the articles pertaining to the understanding of the Income Statement And Balance Sheet Of The Financial Statements:

BALANCE SHEET:

Understand What Is A Balance Sheet In The Financial Statements(Part1)

ASSETS SIDE Of A Balance Sheet:

Know And Understand The Components In The Assets Side Of The Balance Sheet (Part1)

Know And Understand The Components In The Asset Side Of The Balance Sheet (Part2)

LIABILITIES SIDE Of A Balance Sheet:

Know And Understand The Components In The Liabilities Side Of The Balance Sheet(Part1)

Know And Understand The Components In The Liabilities Side Of The Balance Sheet(Part2)

Know And Understand The Components In The Liabilities Side Of The Balance(Part3)

SHARE CAPITAL/EQUITY Of A Balance Sheet:

Know And Understand The Components In The Capital Side of The Balance Sheet(Part1)

Know And Understand The Components In The Capital Side Of The Balance Sheet(Part2)

Understand How To Classify The Share Capital Of A Company

INCOME STATEMENT:

Understand What Is The Income Statement In The Financial Statements(Part 1)

Know And Understand The Components In The Income Statement(Part2)

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In the Balance Sheet,there is always a section on Share Capital.

Managers need to understand this important term and the classification of share capital.

Append below a table to differentiate the various terms used in the classification of capital: authorized or nominal capital, issued capital, subscribed, called-up and uncalled-up capital and finally the paid-up capital: (more…)

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In the Capital side of the Balance Sheet, you will always see various items and it’s important for us to grasp its meaning and usefulness: (more…)

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This article discuss the capital side or owners’ equity in the Balance Sheet. (more…)

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Earlier article has discussed the current liabilities, in this article readers are able to understand the other detailed components in the liabilities side of a Balance Sheet: (more…)

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Let’s understand the detailed component in the liabilities side of a Balance Sheet: (more…)

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In earlier articles, the Balance Sheet and Its Assets Side has been explained.This article seeks to explain the Liabilities side of a Balance Sheet:- (more…)

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In earlier Part 1, we define what is the Balance Sheet and Part 2 dealt with some of the components of the asset side of a balance sheet. In this final part, we see further detailed explanation of the component of the assets side of a Balance Sheet: (more…)

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Part 1 explained what is the Balance Sheet which form part of a company’s financial statement. This Part 2 deals with the explanation of the assets in the Balance sheet. (more…)

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Like the Income Statement, managers need to understand what is a Balance Sheet and the components in the Balance Sheet. In this article, we shall understand what is a Balance Sheet and in forthcoming articles all the components comprising the Balance Sheet: (more…)