HDTutorial
EN
Balance Sheet Explained in Simple Terms - Accounting Balance Sheet Tutorial in Excel

Playback starts YouTube’s embedded player (privacy-enhanced mode).

Balance Sheet Explained in Simple Terms - Accounting Balance Sheet Tutorial in Excel

268,485 views October 25, 2019 11:01

Watch on YouTube
ChannelBusiness Finance Coach

Description from the creator

Sorry, to be clear, the balance sheet is part of the paid program. But, you can easily set this up while watching this video!

In this video I break down the Balance Sheet and explain how this report represents a small business. If you are a small business owner, you should be looking at your business reports and you should understand how the Income Statement works with the Balance Sheet - all explained in this video!

Download my free business spreadsheet template here: amandarussell.mba/getthebusinessspreadsheet

Other videos you may like here:

What is a Holding Company? youtu.be/SfGhXDMm5r4
Does the LLC save taxes? youtu.be/ZRaAs4Xq_yc
Sole Proprietor vs. LLC vs. S-corp: youtu.be/tCiv1p0__JI
How Businesses are Taxed: youtu.be/8qzQop2xPZY
9 Short Steps to Create Your LLC: youtube.com/playlist?list=PL6RQXhWqnQGEoKnvZXu9…

In summary, this video explains the balance sheet in simple terms and shows you how to make a balance sheet in excel or google sheets. This is an entire balance sheet tutorial that shows the balance sheet explained as simple as possible. Balance sheet accounting is the summary of everything that happens in your business. The Income Statement and the Balance sheet work together to represent a business' accounting.

About this tutorial

Business Finance Coach published this 11:01 video tutorial on October 25, 2019. It has been watched 268,485 times on YouTube.

Duration
11:01
Published
October 25, 2019
Views
268,485
Likes
6,018

Tags

Share

Further reading

  • Balance Sheet Explained in Simple Terms – Accounting Balance ... tlsmgt.com

    In summary, this video explains the balance sheet in simple terms and shows you how to make a balance sheet in excel or google sheets. This is an entire balance sheet tutorial that shows the balance sheet explained as s…

  • Balance Sheet - Format, Explanation and Example | Accounting ... accountingformanagement.org

    Balance sheet (also known as the statement of financial position) is a financial statement that shows the assets, liabilities and owner’s equity of a business at a particular date. The main purpose of preparing a balanc…

  • Balance Sheet explained in detail with example || EduPristine edupristine.com

    Preparing a Balance Sheet. The two most common formats of reporting the balance sheet are the vertical balance sheet (where all line items are presented down the left side of the page) and the horizontal balance sheet (…

  • Balance Sheet Formula | Step by Step Calculations wallstreetmojo.com

    Balance sheet formula which states that sum of the total liabilities and the owner’s capital is equal to the company’s total assets is one of the most fundamental parts of the accounting on which the whole double entry…

This tutorial in other languages