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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

perceive intended meaning of.

instead

/inˈsted/

adverb

When one thing is replaced by another.

similar

/ˈsim(ə)lər/

adjective noun

Nearly the same; alike. 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 in a specified way..

working

/ˈwərkiNG/

adjective noun verb

Doing your job. action of doing work. To be functioning properly, e.g. a car.

accounts

/əˈkount/

noun other verb

report or description. Descriptions, often written, of events; reports. consider or regard.

offering

/ˈôf(ə)riNG/

noun verb

Something offered to God or gods as act of worship. 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

Involving money. organization's finances.

balance

/ˈbaləns/

noun verb

Being stable; having equal weight on both sides. put something in steady position.

amortized

/ˈamərˌtīz/

verb

To spread a taxable cost over several years.

affects

/əˈfekt/

verb

have effect on.

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