Running a successful business requires a lot more than showing up at the office and promoting your products or services. Successful small business owners understand that always knowing where their ...

Financial statements give you overall look at the health of your business at a given time. Microsoft's Excel can make it simple to create these statements by enabling you to create a modifiable ...

A balance sheet is a type of financial statement that lists a company's assets, liabilities, and shareholders' equity. The assets should be in "balance" and equal the total liabilities and ...

A balance sheet provides a snapshot of a company's assets, liabilities and equity at a specific point in time, while an income statement summarizes its revenues and expenses over a period to show ...

In accounting, every financial transaction is recorded by two entries on the company's books. These two transactions are called a "debit" and a "credit," and together, they form the foundation of ...

Here, Lee Murphy of Pandle explains how to create a balance sheet and shares a template that you can use to get started. The balance sheet is one of the three core financial documents for running your ...