Understanding the balance sheet - Deepstash

Understanding the balance sheet

Understanding the balance sheet

A balance sheet shows what a business owns at a particular time. A balance sheet always balances. Assets = liabilities + owners’ equity.

  • Assets: What the company owns. It is more estimates and assumptions. Assets include cash; accounts receivable; inventory; property, plant, and equipment (PPE) minus accumulated depreciation; goodwill; intellectual property, patens; accruals.
  • Liabilities: What the company owes.
  • Equity: The assets - liabilities.

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