company report: a sentense with simple words

It's not money unless you can spend it.

Essentially, a liquid asset is cash or cash-equivalent ... money-on-hand. Other assets without direct, immediate cash equivalence are not "liquid" assets, to be converted to cash, they must be "Liquidated" - which usually means sold for cash.

make it from the Consolidated Statement of Earnings to the Balance Sheet as a liquid asset

What does this mean?
Maybe you don't understand where my question is. or maybe I misunderstand your explanation. But I still don't understand.

make it from "a report" to "another report"? What does he want to say?

I am not an accountant, but I take it to mean that the real earnings are what is left after expenses and actually make it to the balance sheet as money in the bank.

I'm not an accountant either, but here's how I understand it.

The Consolidated Statement of Earnings is a list of all that the company has earned in a certain period (for instance, the past year). The Balance Sheet shows both assets and liabilities, and there will be the same amount of both -- they will balance. The balance sheet shows what the company did with the money they earned.

So in your sentence, if the company earned a million dollars (shown on the Consolidated Statement) and spent half of it on a new building (shown on the Balance Sheet), and banked the other half (also shown on the Balance Sheet), the "real earnings" would be the half-million dollars that is actually in cash now.

Close to the answer, Wy. Thank you. And I want to know what is the usage of "make it from... to ...". Can you make a similar example for that?