What is a balance sheet? How to make a balance sheet? Latest balance sheet template? Refer to the following article of Meinvoice for detailed answers.
Table of Contents Hide
1. Balance sheet overview
What is a balance sheet?
Balance sheet in English
The meaning of balance sheet
2. What does a complete balance sheet include?
Asset section
Capital section
3. Balance sheet template
Sample balance sheet according to circular 200
Sample balance sheet according to Circular 133
4. Instructions for preparing balance sheet according to Circular 200
Principles of preparing balance sheet
3 steps to create an accurate balance sheet
5. How to read a balance sheet
1. Balance sheet overview
What is a balance sheet?
The balance sheet is an important component iraq telegram data in the financial statement set used to generally reflect the total value of the existing assets and the sources of formation of those assets of the enterprise at a certain point in time.
Based on the balance sheet, you can make comments and general assessments of the financial
situation of the business over a certain period of time.
Balance have you heard seen the beach’s sheet in English
Balance sheet in English is Balance sheet. In addition, some English terms related to the financial balance sheet below consumer data you can refer to:
English Vietnamese
Assets Asset
Liabilities Liabilities
Owners’ equity Equity
Fixed Assets Fixed assets
The meaning of balance sheet
Some important meanings of making a balance sheet:
Evaluate the financial situation of the enterprise through the following factors:
Liquidity: The ability to convert assets into cash to meet short-term obligations
Efficiency: The ability to effectively use assets to expand production and business to generate revenue and profit.
Leverage: Assesses the level of financial risk that can be encountered but does not endanger the business.
Financial History: The cash flow history and financial position of the company at a given point in time
Compare business with competitors: Helps compare business’s solvency, profitability and growth potential with competitor