Liabilities are the [...] that the company must fulfill in the future.
Answer
financial obligations
If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open it abilities, stockholders' equity, and their interrelationships as of a specific date.
Assets = Liabilities + Stockholders' Equity
Assets are the economic resources controlled by the company. Liabilities are the <span>financial obligations that the company must fulfill in the future. Liabilities are typically fulfilled by payment of cash. They represent the source of financing provided to the company by the creditors. Equ
Original toplevel document
Subject 2. Major Financial Statements ing operations is deemed not to be persistent, then recurring (pre-tax) income from continuing operations should be adjusted.
The net income figure is used to prepare the statement of retained earnings.
<span>Balance Sheet
A balance sheet provides a "snapshot" of a company's financial condition. Think of the balance sheet as a photo of the business at a specific point in time. It reports major classes and amounts of assets, liabilities, stockholders' equity, and their interrelationships as of a specific date.
Assets = Liabilities + Stockholders' Equity
Assets are the economic resources controlled by the company. Liabilities are the financial obligations that the company must fulfill in the future. Liabilities are typically fulfilled by payment of cash. They represent the source of financing provided to the company by the creditors. Equity ownership is the owner's investments and the total earnings retained from the commencement of the company. Equity represents the source of financing provided to the company by the owners.
Cash Flow Statement
The primary purpose of the cash flow statement is to provide information about a company's cash receipts and
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.