The two key components of the document under consideration are assets and liabilities. They must be equal, which is how the state of balance is achieved.
Assets include all tangible and intangible property of a company, as well as its accounts receivable.
The liabilities of the management balance sheet are the source of assets, i.e. with their help it becomes clear where the money comes from for their creation or purchase, for example, own funds, loans or investments.
2 types of assets
There are two types of assets. Let's look at each of them in more detail.
Current assets or CAs
These are the resources of the student data package organization, the expenditure of which occurs over a short period of time. They generate income within one calendar year or an operating cycle lasting no more than one year.
Current assets are presented in the form of cash and accounts receivable. The second is called debt obligations of third parties to the organization. For example, your company provided a service to a client in the amount of 50,000 rubles, and in the near future this money will be received in your account. These funds are accounts receivable, which are included in current assets.
Non-current assets
These are those who take direct part in the turnover of the company's funds.
These include fixed assets in the form of buildings, structures, equipment, etc., as well as intangible assets and capital investments.
Non-current assets
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The cost of fixed assets is determined, as a rule, once a year during the inventory process. Almost all property is taken into account: equipment, furniture, computing equipment, i.e. everything that can be sold and receive money for it.
Capital investments are understood as investments in the acquisition of new or modernization and repair of existing fixed assets with the aim of generating profit in the future.
Intangible assets are not as common as fixed assets. They include intellectual property - articles, inventions, know-how, trademark value, etc. It is quite difficult to give an accurate assessment of intangible assets; to do this, they need to be analyzed from the point of view of potential income.
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