Balance Sheets Templates

What is Balance Sheet?

Balance sheet is financial statement prepared by company at certain point in time. This statement provides you information about business assets and liabilities at a particular date. Balance sheet also provides information about funds, from where funds are coming and how they are being used.

Use of Balance Sheet

There are following ways you may use your balance sheet:

• For company’s annual accounts.
• To help all stake holders such as investors, creditors, banks or shareholders to assess the worth company.
• As a tool to improve the management of company.

Balance Sheet Contents

• fixed assets
• current assets
• current liabilities
• long-term liabilities

Balance Sheet Interpretation

• How much the business is solvent
• Liquidity of business  assets
• Financial basis of the business
• Capital used in the business

Balance sheet is a snapshot of business and its financial position.For a small business organization above templates are very useful. These ‘Balance Sheet Templates’ are prepared to help you to evaluate your business. These ‘Balance Sheet Templates’ are easy and free to use. Templates are prepared in Microsoft Excel.

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