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Excel Tutorial: How to Make a Balance Sheet
ChannelErick VazquezDescription from the creator
As promised:
Excel Tutorial: How to Create an Income Statement
youtu.be/OKsgQSTZKIE
The balance sheet describes the assets, liabilities, and equity of a firm at a specific point in time. Assets are the (tangible or intangible) things that a firm owns. Liabilities are the firm's debts. Equity is the difference between what the firm owns and what it owes to others. Because the balance sheet is specific to a point in time, it is much like a photograph. What it shows was true when the snapshot was taken, but is not necessarily true when it is viewed.
Excel Tutorial: How to Create an Income Statement
youtu.be/OKsgQSTZKIE
The balance sheet describes the assets, liabilities, and equity of a firm at a specific point in time. Assets are the (tangible or intangible) things that a firm owns. Liabilities are the firm's debts. Equity is the difference between what the firm owns and what it owes to others. Because the balance sheet is specific to a point in time, it is much like a photograph. What it shows was true when the snapshot was taken, but is not necessarily true when it is viewed.
About this tutorial
Erick Vazquez published this 13:57 video tutorial on November 5, 2018. It has been watched 315,905 times on YouTube.
- Channel
- Erick Vazquez
- Category
- Education
- Duration
- 13:57
- Published
- November 5, 2018
- Views
- 315,905
- Likes
- 1,585
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This tutorial in other languages
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