The business balance sheet is a very important financial statement. Use it to summarize your company’s assets (what it owns) and liabilities (what it owes). Use a balance sheet to gain insight into the financial strength of your company. You can also see how the company resources are distributed and compare the information with similar companies.
Come tax season, you will be ready to go and have everything in order using a business balance sheet.
The free printable business balance sheet includes basic accounts for creating a balance sheet for a small business. The spreadsheet provides cells for the user to enter the totals for specific items then subtotals asset and liability fields.
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