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HR Finance 101: A Guide To Finance for HR

AIHR

For example, when a business purchases a new asset worth $1,000 on credit, the amount would be entered as a debit in the equipment (asset) account and a credit in the accounts payable (liability) account. A transaction is entered into an accounting record, typically in the ledger. Understanding the balance sheet.

Cash Flow 136
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Why Is Cash Flow Important To Survive In Our Tough Business Climate?

Growth Institute

When you win the cash flow game, you build your fortress balance sheet that protects your company from today’s volatile business climate. What Is A Balance Sheet? Your balance sheet helps to put the answer in focus. But management teams usually are terrified of balance sheets because they’re complex.

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Be Your Cash Flow Story’s Hero With These Business Decisions

Growth Institute

If you start by defining what success looks like to your company, you can see which numbers on your balance sheet fall short of your expectations. Accounts receivable. Accounts payable. And, before you know it, you’ll check your balance sheet to find that your cash flow is a winner too.