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while money-savvy small business owners may be able to create a simple document without outside assistance. Line items on a balance sheet will vary by business. For instance, a retail clothing ...
These variances are explained in reports like “statements of financial condition” and footnotes, so it's wise to dig beyond a simple balance sheet ... and accounts for money it will need ...
A balance sheet is a financial statement that reports ... has to pay for all the things it owns (assets) by either borrowing money (taking on liabilities) or taking it from investors (issuing ...
A company's assets are always the sum of what its shareholders own (their equity stake in the business) together with any money that the company has borrowed (its liabilities). A balance sheet can ...
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