Look for the New Balance 420 “Dark Red” at spots like

Leaders of the European Union are encouraging the Italian government to enact fiscal reforms put into motion by outgoing Prime Minister Mario Monti, who took markets by surprise this weekend by announcing his resignation after a year in power. Monti's technocratic cabinet has been widely praised by Europe's mandarin class for cobbling together a reform package intended to shore up Italy's finances and prevent panic in bond markets. However, the reforms were unpopular in Italy, and Monti decided to resign after the party of former Prime Minister Silvio Berlusconi withdrew its support. Berlusconi will be running to succeed Monti in February 2013 elections. sanctions. The penalty is to be divvied up between the Federal Reserve, the Department of Justice, the District Attorney of New York, and the Treasury Department. The bank has already paid $340 million to reach a separate settlement with the New York Department of Financial Services. MCDONALD'S POSTS STRONG SALES

McDonald's, the world's largest fastfood chain, reported that global sales rose 2.4 percent in November for restaurants that have been open at least 13 months. The sales were far better than expected, and came as a welcome boost after the company reported its firstever monthly decline in sales the previous month. The comeback was attributed to a renewed focus on the chain's "Dollar Menu" of cheaper offerings. [The Wall Street Journal]

Yahoo News Originals

Strange Celebrity Products: Would you wear Spiderman cologne? (Video) Federal government shuts down for the first time in 17 years as Congress continues to debate Obama to troops: You deserve better than dysfunctional Congress GOP Rep. Peter King: 'Ted Cruz should be blamed' if government shuts down Obama: Government shutdown 'entirely preventable' if House GOP drops demands The story behind that weird ricin plot is even weirder than previously thought Breast cancer survivor posts timelapse video of treatment Documentary tells the real story of the man who inspired 'Dog Day Afternoon' Kitten refuses to let go of pizza Obama: 'Not at all' resigned to government shutdown

3 Ways to Write a Balance Sheet

Understand the basics of the balance sheet. A balance sheet must always balance. The basic equation behind the balance sheet is Assets = Liability + Equity. Put another way, Equity = Assets Liability. Equity is a measure of the net worth of the company.

Assets are your company's resources. These include cash, accounts receivable, inventory, land, buildings, equipment, and more. A classified balance sheet breaks down assets into the following categories:

Current assets. This includes cash (any money in bank accounts), accounts receivable (money owed to you), office supplies, and anything expected to be received or used up within a year.

Leaders of the European Union are encouraging the Italian government to enact fiscal reforms put into motion by outgoing Prime Minister Mario Monti, who took markets by surprise this weekend by announcing his resignation after a year in power. Monti's technocratic cabinet has been widely praised by Europe's mandarin class for cobbling together a reform package intended to shore up Italy's finances and prevent panic in bond markets. However, the reforms were unpopular in Italy, and Monti decided to resign after the party of former Prime Minister Silvio Berlusconi withdrew its support. Berlusconi will be running to succeed Monti in February 2013 elections. sanctions. The penalty is to be divvied up between the Federal Reserve, the Department of Justice, the District Attorney of New York, and the Treasury Department. The bank has already paid $340 million to reach a separate settlement with the New York Department of Financial Services. MCDONALD'S POSTS STRONG SALES

McDonald's, the world's largest fastfood chain, reported that global sales rose 2.4 percent in November for restaurants that have been open at least 13 months. The sales were far better than expected, and came as a welcome boost after the company reported its firstever monthly decline in sales the previous month. The comeback was attributed to a renewed focus on the chain's "Dollar Menu" of cheaper offerings. [The Wall Street Journal]

Yahoo News Originals

Strange Celebrity Products: Would you wear Spiderman cologne? (Video) Federal government shuts down for the first time in 17 years as Congress continues to debate Obama to troops: You deserve better than dysfunctional Congress GOP Rep. Peter King: 'Ted Cruz should be blamed' if government shuts down Obama: Government shutdown 'entirely preventable' if House GOP drops demands The story behind that weird ricin plot is even weirder than previously thought Breast cancer survivor posts timelapse video of treatment Documentary tells the real story of the man who inspired 'Dog Day Afternoon' Kitten refuses to let go of pizza Obama: 'Not at all' resigned to government shutdown

3 Ways to Write a Balance Sheet

Understand the basics of the balance sheet. A balance sheet must always balance. The basic equation behind the balance sheet is Assets = Liability + Equity. Put another way, Equity = Assets Liability. Equity is a measure of the net worth of the company.

Assets are your company's resources. These include cash, accounts receivable, inventory, land, buildings, equipment, and more. A classified balance sheet breaks down assets into the following categories:

Current assets. This includes cash (any money in bank accounts), accounts receivable (money owed to you), office supplies, and anything expected to be received or used up within a year.