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How the 3 financial statements link together

5,250 views

Brian Feroldi

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

99%
  • 9:11 / 9:16

Speech Rate:

  • 235 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

business

/ˈbiznəs/

noun

person's regular occupation etc..

understand

/ˌəndərˈstand/

verb

To know the meaning of language, what someone says.

instead

/inˈsted/

adverb

When one thing is replaced by another.

similar

/ˈsim(ə)lər/

adjective noun

having resemblance in appearance, character, or quantity. person or thing similar to another.

sponsoring

/ˈspänsər/

verb

To pay for an event, usually as an advertisement.

accounted

/əˈkount/

noun verb

A report or description of an event or experience.. consider or regard.

working

/ˈwərkiNG/

adjective noun verb

having paid employment. action of doing work. To do your job in your company or workplace.

accounts

/əˈkount/

noun other verb

report or description. Arrangements with banks to keep your money for you. consider or regard.

offering

/ˈôf(ə)riNG/

noun verb

thing offered as gift. To give or say something as an act of worship.

accrual

/əˈkro͞oəl/

adjective noun

Carrying over costs to the next accounting period. accumulation of something over time.

connected

/kəˈnektəd/

adjective verb

brought together so that link is established. To associate a thing with something else.

financial

/fəˈnan(t)SHəl/

adjective noun

relating to finance. organization's finances.

balance

/ˈbaləns/

noun verb

Instrument for weighing things. To make two or more things equal.

amortized

/ˈamərˌtīz/

verb

gradually write off initial cost of asset over period.

affects

/əˈfekt/

verb

To cause a change in something else.

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