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The Balance Sheet

Horizontales
Having a physical presence, such as a building or office furniture
The accumulated income a company earns and retains for reinvestment in the company
Ownership of a company represented by voting shareholders
Obligations that are due and payable within a year
Amounts due after a year
The cost of a tangible asset that is expensed over its useful life
Cash and those assets that will be turned into cash within a year
Total debt over total assets
Also known as the Statement of Financial Position
Having no physical presence, such as accounts receivable or good will
Amounts you owe
The cost of an intangible asset that is expensed over its useful life
Verticales
Things you own
Current assets over current liabilities
The name for Assets = Liabilities + Equity
Purchases on credit for which you expect to pay later
Credit sales to customers for which you expect to receive payment later
A measure of cash available to meet future obligations as they come due
The cost of a natural resource, such as forest, oil well, or coal mine, that is expensed as it is extracted
Sometimes called net worth in personal finance, which is what you own after liquidating your assets and settling your debts.