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  2. A balance sheet is a financial statement that shows the assets, liabilities, and shareholders' equity of a company at a given point in time1.Examples of balance sheet items include21:
    • Assets: current assets (such as cash, accounts receivable, inventory), fixed assets (such as property, plant, equipment), and other assets (such as investments, goodwill, trademarks, mineral rights).
    • Liabilities: current liabilities (such as accounts payable, short-term debt, accrued expenses), long-term liabilities (such as bonds payable, mortgages, leases).
    • Shareholders' equity: common stock, preferred stock, retained earnings, treasury stock.
    Learn more:

    Balance Sheet Example

    • Assets In this simple example, assets consist of current assets, fixed assets and other assets.
    • Current assets ...
    • Fixed assets ...
    • Current liabilities ...
    www.g2.com/articles/balance-sheet

    Here are some examples of these balance sheet items:

    • Other
    • Investments
    • Goodwill
    • Trademarks
    www.myaccountingcourse.com/financial-statement…
     
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