This is the second in a series of articles examining Empowerment Scholarship Accounts (ESAs). The first article published ...

Total debt is the sum of all long-term liabilities and is identified on the company's balance sheet. Liabilities are broken down into short-term (or current) and long-term debt. Short-term ...

You must maintain a balance sheet for your S corporation, and you may refer to this information when you file taxes for the entity. In some instances you have to transcribe all of the information ...