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Download a Simple Small Business Balance Sheet Template for Microsoft Word | Excel | Adobe PDF | Google Sheets. Use this simple, printable small business balance sheet template to calculate your small business’s year-to-year total assets, total liabilities, balance, and net worth.
SMALL BUSINESS BALANCE SHEET TEMPLATE. Template begins on page 2. ASSETS. CURRENT ASSETS. Cash Accounts Receivable Inventory Prepaid Expenses Short-Term Investments. TOTAL CURRENT ASSETS. BALANCE SHEET. LIABILITIES AND OWNER'S EQUITY. CURRENT LIABILITIES.
A balance sheet provides a general overview of a business’s value and financial standing and is essentially a summary of all assets, liabilities, and equity. Assets are placed on the left side of the balance sheet, while liabilities and equity are placed on the right side.
A sample balance sheet and income statement show the relationship between the two reports. Learn how to prepare financial statements for your small business.
Your balance sheet shows what your business owns (assets), what it owes (liabilities), and what money is left over for the owners (owner’s equity). Because it summarizes a business’s finances, the balance sheet is also sometimes called the statement of financial position.
Download free, printable, and customizable balance sheet templates in Excel, Adobe PDF, and Google Sheets formats. Plus, find tips for using a balance sheet template.
Your balance sheet helps you understand the relationship between your income and your expenses to maintain profitability. This document will help you work with your business’s financial numbers to build a workable balance and forecast your business.