The balance sheet shows a company’s assets, liabilities, and equity at a specific point in time.
Title*
Asset of Date
Cash and Cash Equivalents
Assets
Accounts Receivable
Current Assets
Inventory
Other Current Assets
Property, Plant, and Equipment (PP&E)
Intangible Assets
Non Current Assets
Total Assets (Calculated as the sum of all assets)
Accounts Payable
Liabilities
Short-term Debt
Current Liabilities
Other Current Liabilities
Long-term Debt
Non-Current Liabilities:
Other Non-Current Liabilities
Total Liabilities (Calculated as the sum of all liabilities)
Common StocK
Equity
Retained Earnings
Other Equity Items
Total Equity (Calculated as the sum of all equity items)
Total Liabilities and Equity (Should equal Total Assets)