Learn about the fundamental financial statement—the balance sheet. The balance sheet contains a listing of a company’s assets, a company’s liabilities, and a company’s owners’ equity.
- We've all heard that Apple,…maker of iPhones and Mac computers,…has more money than they know what to do with.…As of September 24, 2016, Apple reported they had…over $237 billion in cash in marketable securities.…$237 billion.…- Well, where does that number come from?…How do people know how much Apple has…in cash and securities?…- That information and so much more is all out there waiting…for those with an interest in reading Apple's balance sheet.…- [Man On Right] Let's start our journey through…the land of accounting by beginning with…the fundamental financial statement, the balance sheet.…
The balance sheet contains a listing of a company's assets,…a company's liabilities, and a company's owners' equity.…- [Man On Left] Now, what is an asset?…Assets are economic resources that are owned or controlled…by a company as a result of past transactions.…Common examples of assets include cash, accounts receivable,…people who owe the company money, inventory,…items the company is holding to resell, and buildings.…
Skill Level Beginner
Q: Why can't I earn a Certificate of Completion for this course?
A: We publish a new tutorial or tutorials for this course on a regular basis. We are unable to offer a Certificate of Completion because it is an ever-evolving course that is not designed to be completed. Check back often for new movies.