Comments on: Balance Sheet Basics http://www.aridni.com/financing/balance-sheet-basics People are cashing in all around you, don't you think it's your turn? Mon, 06 Feb 2012 08:59:37 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Devon Sibbell http://www.aridni.com/financing/balance-sheet-basics/comment-page-1#comment-140452 Devon Sibbell Sat, 03 Dec 2011 07:48:34 +0000 http://aridni.com/2007/02/balance-sheet-basics/#comment-140452 Very nicely explained article, thanks for that. I’m studying for my CFA exam due in Dec and there is an entire book covering companies financial statements. With all that utterly boring stuff about accounting principles and GAAP and IFRS thrown in you tend to lose sight of the basic concepts that you explained here. Thanks, Very nicely explained article, thanks for that. I’m studying for my CFA exam due in Dec and there is an entire book covering companies financial statements. With all that utterly boring stuff about accounting principles and GAAP and IFRS thrown in you tend to lose sight of the basic concepts that you explained here.
Thanks,

]]> By: Daniel http://www.aridni.com/financing/balance-sheet-basics/comment-page-1#comment-109999 Daniel Fri, 04 Apr 2008 18:10:35 +0000 http://aridni.com/2007/02/balance-sheet-basics/#comment-109999 What are you doing if you have Inventory and a bulding at your stockholder balancesheet? Thank you What are you doing if you have Inventory and a bulding at your stockholder balancesheet?
Thank you

]]> By: IVA http://www.aridni.com/financing/balance-sheet-basics/comment-page-1#comment-104853 IVA Tue, 04 Mar 2008 13:05:55 +0000 http://aridni.com/2007/02/balance-sheet-basics/#comment-104853 I have learnt some great skills mainly on balance sheet ratio analysis. I am finding it so helpful comparing companies I have learnt some great skills mainly on balance sheet ratio analysis. I am finding it so helpful comparing companies

]]> By: Todd http://www.aridni.com/financing/balance-sheet-basics/comment-page-1#comment-72161 Todd Fri, 12 Oct 2007 08:14:53 +0000 http://aridni.com/2007/02/balance-sheet-basics/#comment-72161 Glad that it was helpful to you Sophia. Glad that it was helpful to you Sophia.

]]> By: Sophia http://www.aridni.com/financing/balance-sheet-basics/comment-page-1#comment-72156 Sophia Fri, 12 Oct 2007 07:47:56 +0000 http://aridni.com/2007/02/balance-sheet-basics/#comment-72156 This has really helped me understand the basics of the balance sheet as it used easy every day language that i understsnd and not the technical accounting language! Thanx keep it up. This has really helped me understand the basics of the balance sheet as it used easy every day language that i understsnd and not the technical accounting language! Thanx keep it up.

]]> By: Resources & useful information-work-at-home women,work-at-home moms,home office women,work from home http://www.aridni.com/financing/balance-sheet-basics/comment-page-1#comment-22579 Resources & useful information-work-at-home women,work-at-home moms,home office women,work from home Wed, 28 Mar 2007 04:30:01 +0000 http://aridni.com/2007/02/balance-sheet-basics/#comment-22579 [...] presents Balance Sheet Basics posted at Aridni, saying, “Thanks for [...] [...] presents Balance Sheet Basics posted at Aridni, saying, “Thanks for [...]

]]> By: rob meldahl http://www.aridni.com/financing/balance-sheet-basics/comment-page-1#comment-21901 rob meldahl Mon, 26 Mar 2007 16:28:41 +0000 http://aridni.com/2007/02/balance-sheet-basics/#comment-21901 The previous comment is not a personal criticism, all textbooks teach your version of the accounting equation. However, the textbooks are wrong and result of their careless use of algebra has a negative effect on the economies of the world. The previous comment is not a personal criticism, all textbooks teach your version of the accounting equation. However, the textbooks are wrong and result of their careless use of algebra has a negative effect on the economies of the world.

]]> By: rob meldahl http://www.aridni.com/financing/balance-sheet-basics/comment-page-1#comment-21899 rob meldahl Mon, 26 Mar 2007 15:59:37 +0000 http://aridni.com/2007/02/balance-sheet-basics/#comment-21899 Your expression of the accounting equation is a mathematical impossibility. The correct expression is: Assets + Liabilities + Owners' Equity = 0 The zero balance that these figures sum to allows for the balance sheet to be in balance (an equal amount of debits and the opposites of debits, credits). For a full explanation why this must be the case see my book "The Tao of Financial Information." In short, balance is mathematically expressed by a combining to zero. Your expression of the accounting equation is a mathematical impossibility. The correct expression is:

Assets + Liabilities + Owners’ Equity = 0

The zero balance that these figures sum to allows for the balance sheet to be in balance (an equal amount of debits and the opposites of debits, credits). For a full explanation why this must be the case see my book “The Tao of Financial Information.” In short, balance is mathematically expressed by a combining to zero.

]]> By: Working at Home on the Internet http://www.aridni.com/financing/balance-sheet-basics/comment-page-1#comment-11644 Working at Home on the Internet Fri, 23 Feb 2007 11:16:41 +0000 http://aridni.com/2007/02/balance-sheet-basics/#comment-11644 [...] presents Balance Sheet Basics posted at Aridni, saying, “Thanks for [...] [...] presents Balance Sheet Basics posted at Aridni, saying, “Thanks for [...]

]]> By: Aridni » Make A Strong Income Statement http://www.aridni.com/financing/balance-sheet-basics/comment-page-1#comment-10237 Aridni » Make A Strong Income Statement Tue, 13 Feb 2007 18:50:07 +0000 http://aridni.com/2007/02/balance-sheet-basics/#comment-10237 [...] A Strong Income StatementHow to Buy Your First HouseArchivesBalance Sheet BasicsHow to decrease your e-mail checking4 Things College Grads Need to KnowFinancial Statements a [...] [...] A Strong Income StatementHow to Buy Your First HouseArchivesBalance Sheet BasicsHow to decrease your e-mail checking4 Things College Grads Need to KnowFinancial Statements a [...]

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