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ContentPrepaid ExpensesWhat Are the Uses of a Balance Sheet?A Balance Sheet Will Help Your Business GrowExample of a balance sheet using the account formCurrent (Short-Term) AssetsShareholder’s Equity/Owner’s Equity Important ratios that use information from a balance sheet can be categorized as liquidity ratios, solvency ratios, financial strength ratios, and activity ratios. Liquidity and solvency ratios show how well a company can

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ContentSave for Tax SeasonBookkeeping Basics for the Small Business OwnerWhat Are the Elements of Bookkeeping All Business Owners Need to Know?Create your business accountsHow To Do Bookkeeping for Small Business Keep in mind that in most cases, you can edit the chart of accounts to better suit your business. It’s also a good idea to become familiar with the accounts included

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