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Balance Sheet PDF Form

Balance Sheet PDF Form

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Instructions and help about Balance Sheet Pdf

in order to understand what makes up a balance sheet we need to define a number of terms let's begin with the asset side of the balance sheet assets are things that a company owns this includes cash in the bank furniture in the office and equipment and technology that's used to create goods or services assets are organized into two groups the first is current assets current assets are assets that are expected to be used within one year's time they include things like cash inventory and accounts receivable the second category is non current assets non current assets are expected to last more than a year's time and include things like property plant and equipment technology patents trademarks etc non current assets are typically grouped into two categories tangible and intangible assets tangible being those that are physical like property plant and equipment and intangible being those like patents and trademarks that are not physical by totaling the curren

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