Topic flotante
Accounts Receivable
Amounts due from customers
Inventory
raw material, goods in process, or finished goods
Cash
Cash flow
cash inflows and outflows
actual money available
long-term asset
useful life of more than a year
Net working capital
working capital
Cash and current assets available after accounting for current liabilities.
Liabilities
amounts owed to other entities
Long-Term Liabilities
Debts to be repaid after 1 year.
Assets
what a company owns
Current Assets
Converted into cash within 1 year.
Prepaid Expenses
Future expenses already paid
Current Liabilities
be paid within one year.
Accrued expenses
Recognized when incurred but not yet paid.
Taxes Payable
Taxes owed to government entities.
Supplier
goods and services
Accounts Payable
amounts owed to suppliers
