balance sheet numbers balance part 2 of the 4 part White Top View Series, Basic Numbers introducing financial statements for people new to investing. Balance Sheets show me the money! The balance sheet also gets called a Statement of Financial Position. This is the report for anyone that has shouted “show me the money”! The balance sheet lists what is owned, what is owed and the owners share or equity. The list of stuff owned always begins with cash and other liquid assets grouped as Current Assets. Current assets are those that are or could be turned into cash within one year.
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