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Sole Trader Financial Statements on Words  Form

Sole Trader Financial Statements on Words Form

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[Music] hey everybody and welcome back today's video we're gonna be going over personal financial statements a lot of people get these because they have loans with the SBA they might have a car loan or a mortgage that requires an annual personal financial statement usually this is a combination of the different assets that you own the different liabilities that you have and also any type of income that you have coming in as well a lot of times you might have insurance policies shown on this value of your car and also any type of life insurance so there's a lot of different pieces that go on to this there might even be investments along with IRA so a lot of banks require you to put this together at the close of the year shortly after you get your income taxes back so when you're completing these you'll want to have your business tax returns and then you also want to have your personal tax returns in order to complete this so stick around we&#3

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