Learn why nonprofits prefer unrestricted net assets for maximum operational flexibility and effectiveness in allocating resources to various programs and needs.

Although many industries share similar assets on their balance sheets, a manufacturer's balance sheet contains additional assets specific to the business its in and the products it sells.

A balance sheet is a financial document that presents the financial status of a business through an accounting of a company’s assets, liabilities, and equity. A balance sheet, when looked at with a ...

Julia is a writer in New York and started covering tech and business during the pandemic. She also covers books and the publishing industry. With over a decade of editorial experience, Rob Watts ...

For a business, the balance sheet is one of the main financial reports prepared by either the bookkeeper or the accountant. It's a snapshot view of your business's overall financial situation for a ...

A balance sheet is a versatile document that offers a snapshot of a company's or individual's finances at a given point in time. Businesses can use balance sheets to develop plans for the future and ...