Archive for the ‘Accounting Principles’ Category

How to Complete a Balance Sheet

Friday, September 28th, 2007

Episode 7

Completing a balance sheet is not meant to be hard if you know where to start. It’s nothing more than a *snapshot” of a compnay’s financial position at any given time. When read properly, it can provide insight into strategically positioning your business for growth. So, if you’re in the business of doing business you’ll want to be sure to take the time to complete a balance sheet.

If you need assistance after listening to today’s program be sure to contact Katrina.

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Show Notes

  • Assests Defined
  • Liabilities Definded
  • Owner’s Equity vs. Net Worth
  • The Fundamental Accounting Equation

Show Resources

Gerald Benton
Benton Accounting & Taxes

Opening Day Balance Sheet
Projected Balance Sheet

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