Balance Sheet Archives - Xelplus - Leila Gharani https://www.xelplus.com/tag/balance-sheet/ Bestselling Excel and Power BI Courses Tue, 05 Dec 2023 13:35:44 +0000 en-US hourly 1 https://www.xelplus.com/wp-content/uploads/2022/10/cropped-site-icon-32x32.png Balance Sheet Archives - Xelplus - Leila Gharani https://www.xelplus.com/tag/balance-sheet/ 32 32 How to Learn Financial Analysis https://www.xelplus.com/learn-financial-analysis/ Thu, 05 May 2022 05:29:00 +0000 https://www.xelplus.com/?p=9348 The reason most people fail at understanding financial analysis is that they fail to understand the fundamental concepts. Concepts such as debits and credits, journal entries, trial balance and how these connect to the income statement, balance sheet and cash flow.

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]]> How to Read a Balance Sheet https://www.xelplus.com/balance-sheet-secrets-revealed/ Mon, 30 Dec 2019 14:07:00 +0000 https://www.xelplus.com/?p=11608 Find out the how the balance sheet works with this simple demo. It involves orange juice and water. After this you'll be able to understand the accounting equation. Assets equal Liabilities plus Equity or if we rearrange: Equity equals Assets minus Liabilities. A higher value for assets, a lower value for liabilities equals higher equity.

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]]> Accounting Basics Explained With a Story https://www.xelplus.com/accounting-basics-explained/ Sat, 16 Nov 2019 19:37:00 +0000 https://www.xelplus.com/?p=11774 New to Accounting? Learn the fundamentals of accounting through a simple story. This article gives you an introduction to accounting and explains the concepts of income statement (Profit & Loss), balance sheet and the accounting equation (Assets = Liabilities + Equity).

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