A balance sheet is a financial statement that provides details concerning a company's assets, liabilities and shareholder equity. This information summarizes a company's overall financial health by revealing what it owns versus what it owes.
To construct a balance sheet, list all business transactions, assign items as assets, liabilities, or equity, and then perform a final account reconciliation. Balance sheets represent a statement of financial position at any given point in time and can change after a bu...
An accounting balance sheet is a financial statement that reveals the financial position of a company at the end of a specified period, usually the last day of an accounting period. A standard accounting balance sheet has three parts: assets, liabilities and ownership c...
A balance sheet gives a complete picture of a company's financials as of a certain date. Items on the balance sheet are put into real numbers so that company management and investors can see exactly how much money, or cash flow, the company has.
A balance sheet contains assets, liabilities and shareholder's equity. Assets can either be current or long-term depending on how easy it is for a company to sell or liquidate them. Liabilities refer to the money that non-shareholders have lent to the company; liabiliti...
A balance sheet contains information about a company's assets, liabilities and shareholders' equity as of a specific date. Assets and liabilities can be categorized as long- or short-term.
Download free balance sheets on SampleWords.com and Vertex42.com, as of 2015. Both websites feature balance sheet templates in Microsoft Excel format. SampleWords.com also features balance sheets in PDF format.