Insert the amount for the current assets. A current asset is a term on a company’s balance sheet that might be cash, equivalent to cash, or something that can be convert… See more

It is called the Net PP&E, which means all kinds of physical assets that a company buys like lands, buildings, furniture, and electric equipment to run a business. It is a non-curren… See more

Different sections for the assets are inserted, now we’ll calculate the total assets by using the SUM function. After getting the total assets, compare them with the liabilities. In… See more

A company’s current liabilities are the debts or obligations that must be paid to creditors within one year. We inserted different current liabilities here, such as Accounts payable, In… See more

Long-term liabilities are also known as long-term debts. They are debts that a company owes third-party creditors that it has to pay beyond 12 months. This is different fro… See more