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Fixed Asset Accounts
Accounts used in accounting to track the purchase, depreciation, and disposal of fixed assets, which are long-term tangible assets.
Current Ratio
A financial ratio that measures a company's ability to cover its short-term liabilities with its short-term assets, calculated as current assets divided by current liabilities.
Working Capital
The difference between a company's current assets and current liabilities, indicating the amount of liquid assets available to fund its day-to-day operations.
Chart of Accounts
A structured list of all the financial and nominal accounts in a company, detailing every type of transaction a business might conduct.
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