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  2. A balance sheet is a financial statement that shows the assets, liabilities and shareholders' equity of a business at a specific point in time1.Some examples of balance sheet items are231:
    • Cash and equivalents, such as checking account balance and short-term invoices
    • Accounts receivable, which are the amounts owed by customers
    • Inventory, which includes goods for sale, raw materials and work in progress
    • Prepaid expenses, such as rent or insurance
    • Non-current assets, such as investments, goodwill, trademarks and mineral rights
    • Current liabilities, such as accounts payable, taxes and short-term loans
    • Long-term liabilities, such as mortgages, bonds and leases
    • Shareholders' equity, which is the difference between assets and liabilities
    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 ...

    What Is a Balance Sheet? (+Examples a…

    www.g2.com/articles/balance-sheet
    Here are some examples. Cash and equivalents, including your business checking account balance Accounts receivable and any short-term invoices you’re owed Inventory including goods for sale, raw materials and items being made Expenses you have paid in advance, such as rent or business insurance Non-current assets

    Free Balance Sheet Template Downloa…

    wise.com/us/balance-sheet/

    Here are some examples of these balance sheet items:

    • Other
    • Investments
    • Goodwill
    • Trademarks

    Balance Sheet | Example | Template | F…

    www.myaccountingcourse.com/financial-statement…
     
  3. People also ask
    What information can be found on a company's balance sheet?
    As noted above, you can find information about assets, liabilities, and shareholder equity on a company's balance sheet. The assets should always equal the liabilities and shareholder equity. This means that the balance sheet should always balance, hence the name.

    Balance Sheet: Explanation, Components, and Examples

    investopedia.com
    What is a balance sheet?
    Balance Sheet – Definition, Example, Formula & Components A balance sheet is a financial statement that contains details of a company’s assets or liabilities at a specific point in time. Read our comprehensive guide to know more.

    Balance Sheet – Definition, Example, Formula & Components

    zoho.com
    What are some examples of balance sheet items?
    Here are some examples of these balance sheet items: According to the historical cost principle, all assets, with the exception of some intangible assets, are reported on the balance sheet at their purchase price. In other words, they are listed on the report for the same amount of money the company paid for them.

    Balance Sheet | Example | Template | Format | Analysis Explanation

    myaccountingcourse.com
    What is the composition of a balance sheet?
    The composition of the balance sheet is composed of three pieces, which are assets, liabilities, and shareholders’ equity. The balance sheet is a financial statement that provides a snapshot of a company’s assets, liabilities, and shareholders’ equity at a specific point in time.

    Balance Sheet | Template + Example - Wall Street Prep

    wallstreetprep.com
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  4. Investopedia
    https://www.investopedia.com/terms/b/balancesheet.asp

    Balance Sheet: Explanation, Components, and Examples

     
  5. Corporate Finance Institute
    https://corporatefinanceinstitute.com/resources/...

    Balance Sheet - Definition & Examples (Assets = Liabilities + Equity)

  7. Finance Strategists
    https://www.financestrategists.com/.../balance-sheet

    What Is a Balance Sheet? | Definition, Explanation and Format …

  8. My Accounting Course
    https://www.myaccountingcourse.com/.../balance-sheet

    Balance Sheet | Example | Template | Format | Analysis Explanation

  9. Bench Accounting
    https://www.bench.co/blog/accounting/balance-sheet

    Understanding a Balance Sheet (With Examples and Video)

  10. Wall Street Prep
    https://www.wallstreetprep.com/knowledge/balance-sheet

    Balance Sheet | Template + Example - Wall Street Prep

  11. Accounting For Management
    https://www.accountingformanagement.org/balance-sheet

    Balance Sheet - Format, Explanation and Example - Accounting …

  12. Accountingverse
    https://www.accountingverse.com/.../balance-sheet.html

    Balance Sheet - Example and Explanation - Accountingverse

  13. Zoho
    https://www.zoho.com/.../balance-sheet.html

    Balance Sheet – Definition, Example, Formula & Components

  14. G2
    https://www.g2.com/articles/balance-sheet

    What Is A Balance Sheet? Definition and Examples - G2