A company's balance sheet provides information about its financial position at a single point in time, such as at the end of the year. It is important that you review a company's balance sheet when ...

Balance sheets show the amount of debt, assets and net worth of a business. Initial, or opening, balance sheets should contain a list of assets and debt the company had when starting out, along with ...

A balance sheet displays what a company owns, what it owes, how it's financed, and its shareholders' equity at a particular point in time. An income statement displays the company's revenues and ...