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Balance Sheet
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The balance sheet is a statement of a firms assets, liabilities, shareholder equity and reserves.
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The balance sheets is a statement of a company's assets and liabilities, plus shareholder reserves at a defined date.
Assets include cash at bank, investments at cost, accounts receivable, inventories, fixed assets (plant and machinery) less accumulated depreciation, intagible assets less amortization, goodwill less amortization.
Liabilities include accounts payable, all outstanding loans and lease balances, accrued taxes payable, payroll taxes, long term liabilities and provision for possible contingencies.
Shareholder equity includes the value of common shares issued and outstanding at par value, the share premium balance (issue value above par value), preferred shares and profit & loss reserves.
Total Assets = Total Liabilities + Shareholder Equity.
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Software Links
Balance Sheet Forecasting
Reference Pages
Income Statement
Goodwill
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