How to Create a Balance Sheet From a Schedule C. A balance sheet is a record of your assets and liabilities and the value of your shareholders' stock. Shareholders are people who invest in your ...

Learn how to build a balance sheet to assess your liabilities, assets and equity, and better understand your financial picture.

Learn financial statement analysis techniques, including horizontal, vertical, and ratio analysis, to assess company ...

How to Prepare a Tax-Basis Balance Sheet. Balance-sheet balances carry over from one period to the next. So the ending cash balance from last year will become the beginning cash balance this year.

The idea of preparing Balance Sheet is to summarize business assets, liabilities and owner’s equity (net worth) at a particular point of time. The Balance Sheet, together with income statement ...

The balance sheet lists the various and sundry assets of a company and pairs them off against the sum of its liabilities plus its stockholders equity.

And it has another morbid but practical value. “If you don’t have a balance sheet and something happens to you, the search for your assets will become a buried treasure hunt,” writes Eckels.

Though a balance sheet is intended to be a gateway to understanding a company's financial position, there are lots of places on one for valuable information to hide. Here's where to look.