A good information system contributes to the financial success of the farm business. A financial information system contains four essential and interrelated components: the balance sheet, the cash flow statement, the income statement, and farm records. The balance sheet indicates the financial position of the farm business at a particular point in time. The balance sheet shows what is owned versus what is owed.
Organization |
Oklahoma Cooperative Extension Service |
Publisher |
Oklahoma State University |
Publication Views |
60 |
Material Type |
Written Material |