Understanding a Balance sheet: Definition and Examples

What is a balance sheet?

The purpose of a balance sheet

What’s the balance sheet made up of?

Assets

The assets side of a balance sheet. Includes current and non current assets
The assets side of a balance sheet. Includes current and non current assets
Example of the a company’s short and long term assets

Liabilities

A table listing examples of current and noncurrent liabilities
A table listing examples of current and noncurrent liabilities
Example of the a company’s short and long term liabilities
A table listing examples of company equity
A table listing examples of company equity
Example of the a company’s equity

The balance sheet equation

What should the finished Balance Sheet look like?

A sample balance sheet with assets, liabilities, and equities
A sample balance sheet with assets, liabilities, and equities
Example of the a company’s full balance sheet

What do I do with the Balance Sheet?

Using a cash flow management tool

Airbank’s control center with cash flow data
Airbank’s control center with cash flow data
The Airbank home screen shows all the data needed for financial reports

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