Write an article based on this "Open the DOCX file in Word. Click File. Click Save As. Double-click This PC. Enter a new name for the DOC file. Click the "Save as type" drop-down box. Click Word 97-2003 Document. Select a save location. Click Save."
article: Double-click the DOCX file to open it in Microsoft Word. You can also right-click the DOCX file, click Open with..., and click Word. It's in the upper-left side of the Word window. A pop-out menu will appear on the left side of the page. This option is in the middle of the pop-out menu on the left side of the window. It's in the middle of the window. A "Save As" window will appear. Type in whatever you want to name the DOC version of your file. It's near the bottom of the "Save As" window. A drop-down menu will appear. This option is in the drop-down menu. The Word 97-2003 Document format uses the DOC file extension. On the left side of the window, click the folder in which you want to save your document. It's in the bottom-right corner of the window. Doing so will save a DOC version of your document in the selected save location.

Write an article based on this "Understand the basics of the balance sheet. Determine your assets. Write all the information up. Determine your liabilities. Make a record of your liabilities. Subtract your liabilities from your assets. Expand on shareholder's equity."
article: The balance sheet is called so because it shows the company's balance between assets and liabilities. The key underlying basis of the balance sheet is the basic accounting equation, which is Total Assets=Liabilities+Shareholder's Equity{\displaystyle { ext{Total Assets}}={ ext{Liabilities}}+{ ext{Shareholder's Equity}}}. Rearranging the equation, you can see that equity is equal to assets minus liabilities. The balance sheet reflects this relationship. All assets and liabilities are listed and added up on the balance sheet, then liabilities are subtracted from assets to arrive at a figure for shareholder's equity. Balance sheets may be constructed using accounting software. Or, you can simply create a spreadsheet or written list with two columns that can be used to total your assets and liabilities by category. Your assets are anything that you own, including the cash you have on hand. Assets usually divided into "current assets" and "fixed assets." Your current assets include the cash you have on hand and what could be liquidated quickly, usually within a year. In this category, you would have things like your accounts receivable (what people owe your company), any securities becoming due with a year such as bonds or savings accounts, and your inventory. It can also include pre-payments or deposits you've made ahead of time, such as insurance for the next year. Fixed assets are tangible and known as property, plant, and equipment. These are assets with a useful life in excess of one year. There are also intangible assets that may be held on a balance sheet. These include patents, brand recognition, and copyrights, along with other non-physical assets. All of these assets need actual dollar figures in your balance sheet, these can be calculated exactly or estimated based on (and in compliance with) industry convention. To write the balance sheet, you need to lay this information out in detail. That is, you need to label each asset along with the dollar amount, divided into current and fixed assets. Add all of your assets up into a total. Your liabilities are what the company owes or has paid to other companies or people, including employees. In other words, it's the company's debt. These assets are also divided into "current" and "long-term" categories. Current liabilities include things like what you owe on lines of credit and credit cards, as well as anything owed to other companies for goods and supplies. It also includes the income and wages you've paid out to employees and taxes owed, along with unpaid rent and utilities. Long-term liabilities include long-term loans payable, bonds payable, and other liabilities that will be paid out over a time period longer than one year. Just like your assets, you need to account for each liability (in major categories, such as loans, mortgages, and so on). Also, divide your liabilities on your balance sheet into current and long-term. List liabilities by category and include the value of each category next to the its name. Add up all your liabilities to get your total. To figure out the shareholder's equity (also called shareholder's equity), you subtract what is owed from what assets you have. A positive amount of equity indicates that the company has financed its operations with its own money or that of investors, rather than relying as strongly on debt. Have a line for your total assets. Below it, have a line for your total liabilities. Show what the shareholder's equity is when you subtract the second from the first. On your sheet, have a section where you show what the shareholder's equity is. This section will include items that represent the shareholder's interests in the company. For example, common stock, preferred stock, capital in excess of par, and retained earnings are all common shareholder's equity categories. When you've listed these categories out, sum them up to arrive at total shareholder's equity. Compare your total to the difference between assets and liabilities from your earlier calculations. If the figures don't match, either you or the accountant that keeps the company's books has made a mistake somewhere along the way. Many balance sheets are organized such that the assets are totaled on the left and liabilities and shareholder's equity are totaled on the right. This provides a more literal representation of the basic accounting equation.

Write an article based on this "Calculate current assets. Calculate current liabilities. Calculate working capital."
article:
Current assets are assets that a company will convert to cash within one year. These assets include cash and other short-term accounts. For example, accounts receivable, prepaid expenses and inventory would all be current assets. You can usually find this information on a company's balance sheet, which should include a subtotal of current assets. If the balance sheet does not include a subtotal of current assets, read through the balance sheet line by line. Add up all accounts which meet the definition of a current asset to come up with a subtotal. For example, you would include the figures listed for "accounts receivable," "inventory," and "cash and equivalents." Current liabilities are those that are due within one year. They include accounts payable, accrued liabilities and short-term notes payable. The balance sheet should include a subtotal of current liabilities. If it does not, use the balance sheet information to find this total by adding up the listed liabilities. For example, this would include "payables and provisions," "taxation payable," and "short term loans." This calculation is just basic subtraction. Subtract the current liability total from the current asset total. For example, imagine a company had current assets of $50,000 and current liabilities of $24,000. This company would have working capital of $26,000. The company would be able to pay all its current liabilities out of current assets and would also have cash left over to serve other purposes. The company could use the cash for financing operations or long-term debt payment. It could also distribute the money to shareholders. If current liabilities are greater than current assets, the result is a working capital deficit. A deficit could signal that the company is at risk of becoming insolvent (meaning unable to pay their debts when they become due). There are many reasons why a company may become insolvent. Such a company may need other sources of long-term financing. This may signal the company is in trouble, and may not be a good investment. For example, consider a company with current assets of $100,000 and current liabilities of $120,000. This means they will only be able to pay $100,000 of that debt, and will still owe $20,000 (their working capital deficit). In other words, the company will be unable to meet its current obligations and must sell $20,000 worth of long-term assets or find other sources of financing. If the company is in danger of being insolvent, they may opt to restructure the debt so that they can continue operating while paying off their debt.