Abstract
A balance sheet shows what assets and liabilities a company has and where the money came from to finance them (Chapter 18). It is simply a statement of what a company owns and owes at the point in time the accounts were prepared. It is an evaluation put into black and white of a company’s worth. It lists the net worth of a company—all it owns, known as assets—and everything it owes, called liabilities.
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© 2014 Keith Hayes
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Hayes, K. (2014). Sample Balance Sheet. In: Business Journalism. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4302-6350-0_24
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DOI: https://doi.org/10.1007/978-1-4302-6350-0_24
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Publisher Name: Apress, Berkeley, CA
Print ISBN: 978-1-4302-6349-4
Online ISBN: 978-1-4302-6350-0
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