Here are the basic steps to building a balance sheet: List all assets and their current, fair market value. List all debts and liabilities. Calculate total assets and total liabilities.

A balance sheet is a versatile document that offers a snapshot of a company's or individual's finances at a given point in time. Businesses can use balance sheets to develop plans for the future ...

The liabilities portion of the balance sheet includes any debt used to finance those assets. If your small business owns a facility with a mortgage, such as an office building, list it among the ...

Build long-term wealth using The Motley Fool's market-beating method. If you own a small business or simply want to analyze your personal financial condition, a balance sheet can help you ...

Make a balance sheet using Google Docs' "Spreadsheet" features to determine your cash on hand totals, without having to manually figure complicated formulas using a paper spreadsheet or having to ...

Anciens Huang / Getty Images The balance sheet and the profit and loss (P&L) statements are regularly issued by companies. Such statements provide an ongoing record of a company's financial ...