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Free Printable Balance Sheet Template Standard Statement Example

Worksheet Details

  • CategoryBalance Sheet.
  • TopicFree printable balance sheet template.
  • AuthorZoe Douglas
  • PostedSat, Aug 31st 2019 12:02 PM
  • Formatjpg/jpeg

There are four different kinds of assets that you will need to list on your personal balance sheet. When you’re thinking about your personal net worth, you’ll want to include real property, fictitious assets, and floating assets. As an individual, you will still have liabilities. They can be broken down as follows on your personal balance sheet template.

The balance sheet is basically a report version of the accounting equation also called the balance sheet equation where assets always equation liabilities plus shareholder’s equity. In this way, the balance sheet shows how the resources controlled by the business (assets) are financed by debt (liabilities) or shareholder investments (equity). Investors and creditors generally look at the statement of financial position for insight as to how efficiently a company can use its resources and how effectively it can finance them.

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