Items of a balance sheet

It’s a statement wherein you can jot down your assets and liabilities.

• Pull together your bank statements and other proofs of the liabilities
• List down your assets like the bank balance, all investments, home value, and value of other assets.
• Take a sum of all th...

How much does the company owe, and how much does it own? Debt versus equity. It’s just the kind of thing a loan officer would want to know about you in deciding if you are a good credit risk.

A normal corporate balance sheet has two sides. On the left side are the assets (inventories, recei...

• The musical alphabet consists of seven letters: A, B, C, D, E, F, G, and repeat. They are the white keys, and each note has a specific pitch.
• There are 12 notes on the piano keyboard: A, A#/B♭, B, C, C#/D♭,...