* robots

Subject: Accounting and Finance

Title : The Balance Sheet

What does the company own?

The balance sheet answer the question: what does the company own?

We all keep a balance sheet of our own assets in our heads, and sometimes on paper too. The balance sheet of a company is just a more formal statement of the procedures we go through. We ask ourselves such questions as: what do I own? Do I have any immediate payments to make? By what date must I pay off the loan for the car?

Does anybody owe me money, and if so, when am I likely to get it?
Full document available from Blacksacademy

Page 1 of 1 pages