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HR Finance 101: A Guide To Finance for HR

AIHR

For example, when a company pays a wage for a service rendered, the amount is recorded in the wages payable account of the balance sheet. For example, most companies have a Cash account that is used to record all transactions that increase or decrease the company’s cash monetary value.

Cash Flow 117
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The Importance of Business Acumen for High Performance

LSA Global

Cash flow. Study the Balance Sheet. With term definitions in hand, analyze your company’s balance sheet. Become familiar with what a typical balance looks like and what it can tell you about the financial state of a business. Operating Expenses. Learn How Your Company Measures Success.