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The block on the right reflects the origins, that is, how you have financed yourself and where you have obtained the funds you have. Includes: Net worth : which would be those funds contributed by the partners share capital and the profits not distributed as dividends and that remain within the company, increasing its balance year by year. Liabilities : which are all those debts that the company has long or short term. Commercial suppliers : this is a purely operational item that generates a balance when the company makes a purchase and does not pay in cash, therefore a temporary debt is generated.
While the section on the left includes where you have invested, what Belarus WhatsApp Number has been the application or destination of those funds and what would be considered the assets, that is, those goods and rights that we have acquired, such as machinery, buildings, patents, intangible assets, financial investments, stocks, cash or customers. Currents vs. Not current Assets are classified as current or noncurrent assets depending on their liquidity: Current assets : they are liquid assets that will end up being transformed into treasury in a period of less than one year.

They are related to the operations of a company and would basically be the cash, treasury, customer accounts receivable, inventories and raw materials that you have on the balance sheet before selling them. Noncurrent assets : they will do so within a period of more than one year. They are stable such as equipment, longterm investments, machinery, the website, etc. Similarly, we classify liabilities based on their enforceability, that is, the period in which we must repay those debts. That's why we also have: Current liabilities : which must be returned within a period of less than one year. Noncurrent liabilities : which you must repay within a period of more than one year.
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