Your company's balance sheet is an equation. On one side of the equals sign, the Corporate Finance Institute says, you have your total assets. On the other, you have total liabilities and total ...

A classified balance sheet breaks down assets, liabilities and shareholders' equity in classes and subcategories. Depending on whether office equipment breaks the capitalization threshold, equipment ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. As the name implies, a balance sheet should reveal ...

Balance sheets consist of assets, liabilities, and shareholders' equity, revealing financial health. Shareholders' equity equals assets minus liabilities and reflects theoretical investor value if a ...