Beginners' Guide To Financial Statements

Topics:
Financial Statements
Tags:
Asset Management,
Operational Planning,
Financial Statements,
Financial Statement,
Financial Services,
Financial Accounting,
Financial,
Finance,
Equity,
Business Operations,
...
Source:
U. S. Securities and Exchange Commission

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Overview: A company's balance sheet is set up like the basic accounting equation shown above. On the left side of the balance sheet, companies list their assets. On the right side, they list their liabilities and shareholders' equity. Sometimes balance sheets show assets at the top, followed by liabilities, with shareholders' equity at the bottom.

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Format: HTML | Date: Feb 2007 | Pages: 8

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