Accounting equation cheat sheet showing the simple balance sheet format for small business bookkeeping accounts.

The Accounting Equation

Accounting equation cheat sheet showing the simple balance sheet format for small business bookkeeping accounts.

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Balance sheet template in Excel with completed example to help you work out the financial health of your small business.

Sample Balance Sheet

Balance sheet template in Excel with completed example to help you work out the financial health of your small business.

The balance sheet is a snapshot at a single point in time of the company's accounts - covering its assets, liabilities and owners' equity. The purpose of the balance sheet is to give users an idea of the company's financial position along with displaying what the company owns and owes.

The balance sheet is a snapshot at a single point in time of the company's accounts - covering its assets, liabilities and owners' equity. The purpose of the balance sheet is to give users an idea of the company's financial position along with displaying what the company owns and owes.

Connections between income statement and balance sheet accounts.

Connections between income statement and balance sheet accounts.

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