Worksheet Details
CategoryBalance Sheet.
TopicRental property balance sheet.
AuthorBethany Neighbour
PostedMon, Aug 26th 2019 15:30 PM
Formatjpg/jpeg
You may be wondering why you, as an individual, may need a personal balance sheet. The answer is that it’s an accurate and timely tool for measuring your financial worth and thinking about what changes you can take to enhance it.
A balance sheet is one of the most important financial statements made by accountants and business owners. A business’ balance sheet offers a comprehensive overview of a company’s financial health by detailing a company’s assets, liabilities and shareholders’ equity. The balance sheet shows how cash flows throughout your finances and points to ways in which you can improve your company’s financial health.