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2. Balance sheet - Wikipedia

   en.wikipedia.org/wiki/Balance_sheet

   A balance sheet summarizes an organization's or individual's assets, equity and liabilities at a specific point in time. Two forms of balance sheet exist. They are the report form and account form. Individuals and small businesses tend to have simple balance sheets. [5] Larger businesses tend to have more complex balance sheets, and these are ...

3. Public sector balance sheet - Wikipedia

   en.wikipedia.org/wiki/Public_Sector_Balance_Sheet

   A Public Sector Balance Sheet, like a balance sheet in the corporate world, reports comprehensively on what a government owns and owes, as well as its own capital. As such, it is a critical element of a system of Public Financial Management. A balance sheet, or statement of financial position, recognises and discloses the assets , liabilities ...

4. Financial position of the United States - Wikipedia

   en.wikipedia.org/wiki/Financial_position_of_the...

   The financial position of the United States includes assets of at least $269 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP). [a] GDP in Q1 decline was due to foreclosures and increased rates of household saving.

5. What Is Net Worth and How Do You Calculate It? - AOL

   www.aol.com/net-worth-calculate-223751658.html

   Net Worth = Assets ­­- Liabilities. For example, if your total assets equal $600,000 and your total liabilities equal $400,000, your net worth is $200,000. Step 1: Calculate Your Assets.

6. Paper wealth - Wikipedia

   en.wikipedia.org/wiki/Paper_wealth

   Paper wealth is fundamentally an accounting matter – one's net worth is the accounting value of one's assets minus the accounting value of one's liabilities. There are various accounting methods for different assets and liabilities, and they yield different notions of net worth; some methods are more or less volatile than others.

7. Valuation (finance) - Wikipedia

   en.wikipedia.org/wiki/Valuation_(finance)

   The third-most common method of estimating the value of a company looks to the assets and liabilities of the business. At a minimum, a solvent company could shut down operations, sell off the assets, and pay the creditors. Any cash that would remain establishes a floor value for the company. This method is known as the net asset value or

8. Chart of accounts - Wikipedia

   en.wikipedia.org/wiki/Chart_of_accounts

   v. t. e. A chart of accounts ( COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are ...

9. Accounting equation - Wikipedia

   en.wikipedia.org/wiki/Accounting_equation

   The fundamental accounting equation, also called the balance sheet equation, is the foundation for the double-entry bookkeeping system and the cornerstone of the entire accounting science. Like any equation, each side will always be equal. In the accounting equation, every transaction will have a debit and credit entry, and the total debits ...