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 business. Your total assets must equal the sum of your ...

Companies use balance sheets to track their assets, liabilities and owner's equity. Assets are what the company owns. Liabilities are the amounts the company owes. Owner's equity is the amount owners ...

Create this important document to show investors the true net worth of your business, and to keep track of your financial trajectory. If the income sheet shows what you’re earning, the balance sheet ...

Previously, we discussed some ways to improve cash flow within a company. This evolved from a question that was posed by contractors on a message board regarding the difference between profits and ...