Articles

What is a balance sheet?

Just as your personal finances reflect your financial health, a balance sheet does the same for a business. This imperative financial document provides a snapshot of a company’s assets, liabilities, and equity at a specific point in

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What is Equity on a Balance Sheet?

Many business owners and investors may find themselves puzzled by the term ‘equity’ when reviewing a company’s balance sheet. Equity represents the ownership interest you hold in a business, calculated as the difference between total assets and

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