Welcome to another episode of Jargon, the new show from Digital Trends that deciphers the complex jargon of various industries into words and concepts the rest of us understand.
We’re live each week on Tuesdays with a different set of jargon from a different industry.
On this episode, host Myq Kaplan tries to balance the complex jargon of accounting.
With help from Winnie Sun, founding partner and managing director of Sun Group Wealth Partners, he crunches the numbers and attempts to overcome his knowledge debt when it comes to valuing the terms of a very confusing industry.
Join Kaplan and Sun as they dig into the following terms:
Balance Sheet – Most of us don’t balance an actual checkbook anymore, but for a business, balance sheets are a must.