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Lessons List | 16 Lesson

Assets in Financial Accounting

Assets in Financial Accounting

Liabilities in Financial Accounting

Liabilities in Financial Accounting

Stockholders Equity Financial Accounting

Stockholders Equity Financial Accounting

Introduction to the Balance Sheet

Introduction to the Balance Sheet

Example of a Balance Sheet

Example of a Balance Sheet

Current Assets in Financial Accounting

Current Assets in Financial Accounting

Short term Investments in Financial Accounting

Short term Investments in Financial Accounting

Noncurrent Assets in Financial Accounting

Noncurrent Assets in Financial Accounting

Long term Investments in Financial Accounting

Long term Investments in Financial Accounting

Current Liabilities

Current Liabilities

Long term Liabilities in Financial Accounting

Long term Liabilities in Financial Accounting

Comparative Balance Sheet

Comparative Balance Sheet

How the Balance Sheet and Income Statement are Connected

How the Balance Sheet and Income Statement are Connected

Usefulness of the Balance Sheet

Usefulness of the Balance Sheet

Limitations of the Balance Sheet

Limitations of the Balance Sheet

Balance Sheet vs Income Statement

Balance Sheet vs Income Statement

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Course Description

A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structureIn financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity. How to Prepare a Basic Balance Sheet Determine the Reporting Date and Period. ... Identify Your Assets. ... Identify Your Liabilities. ... Calculate Shareholders' Equity. ... Add Total Liabilities to Total Shareholders' Equity and Compare to Assets.

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