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Include sections for: <ul><li>Accounting period</li><li>Current Asset</li><li>Fixed Asset</li><li>Current Liabilities</li><li>Long Term Liabilities</li><li>Equity</li></ul> <strong>Buy One today and have a record of your financial statements</strong>
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A number of ratios can be derived from the balance sheet, helping investors get a sense of how healthy a company isInterpretation and Application of International Financial Reporting StandardsThe balance sheet, together with the income statement and cash flow statement, make up the cornerstone of any company's financial statementsBalance sheets are usually presented with assets in one section and liabilities and net worth in the other section with the two sections "balancing"In other words: businesses have assets and so they cannot, even if they want to, immediately turn these into cash at the end of each periodWant to learn how to invest? Get a free 10 week email series that will teach you how to start investing
Balance sheet: Liabilities The opposite of assets are liabilitiesAccounts receivable is the most common current assetNon-current assets also can be intangible assets such as goodwill, patents or copyrightISBN978-0-07-299650-0Lease Obligations EQUITY Paid-in Capital Share Capital (Ordinary Shares, Preference Shares) Share Premium Less: Treasury Shares Retained Earnings Revaluation Reserve Other Accumulated Reserves Accumulated Other Comprehensive Income Non-Controlling Interest It is important that all investors know how to use, analyze and read this documentLiabilities are amounts that the company owes and will have to settle in the futureCurrent liabilities includes things such as short-term loans from banks including line of credit utilization, accounts payable balances, dividends and interest payable, bondmaturity proceeds payable, consumer deposits, and reserves for taxes 79c7fb41ad