Ningbo Depreciation vs Change To Account Receivables Analysis

Balance Sheet is a snapshot of the financial position of Ningbo Construction at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Construction and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ningbo currently owns. An asset can also be divided into two categories, current and non-current.