Even with GAAP’s transparency rules, financial statements can still contain errors or misleading information. Always scrutinize financial statements, as there’s potential for manipulation within GAAP’s framework. Receivables represent retained earnings funds owed to the firm for services rendered and are booked as an asset. This includes the total amount owed to vendors, suppliers, and creditors …
Читать далее «6 5 Cash, cash equivalents, and restricted cash»