The Beginner's Guide To Understanding Your Balance Sheet
If you are a business owner, your year-end accounts shouldn't be just an annual exercise that you and your accountant go through to placate the IRD. Balance sheets tell you how much a business owns, owes and what it is worth compared to the previous year. Our article "The Beginner's Guide To Understanding Your Balance Sheet" looks at the different elements in balance sheets and some simple ratios you can calculate to gain insights into the financial position of your business.
Five winners this week...
Congratulations to these winners of our $100 Warehouse vouchers:
Damon Facoory from Whanganui
Rachelle Reihana from Frankton
Sonia Columb from Aranui
Elise Volwieler from Motueka
Vera Zheng from Te Atatu
Winners, claim your $100 Warehouse voucher before 13 August. Get in touch here
Happy Tuesday neighbours, here's a riddle to get your mind going.
I am beautiful, up in the sky.
I am magical, yet I cannot fly.
To some I bring luck, and to some, I bring riches.
The boy at my end does whatever he wishes.
What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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