Working capital accounts refer to the short-term financial resources of a business. These include cash, marketable securities, inventory, and accounts receivable. In other words, working capital accounts are the current assets used by a business that can be easily turned into cash. They are critical for ensuring businesses have the funds for their everyday operations. Managing working capital accounts is a vital part of business accounting as it helps businesses track their fluctuating finances from one month to the next. Having detailed records allows businesses to monitor their performance and make sure they remain financially healthy.