A company balance sheet gives an illustration of your company’s net worth. It includes your company’s assets, liabilities, and equity at a particular point in time. Under current assets, you can have cash in banks, accounts payable(trade and retention), allowance for bad debts, inventory, and prepaid expenses. Assets such as construction equipment, trucks and autos, and office equipments come under Non-current assets. You can have current liabilities, accounts payable(trade and retention), billing in expenses of costs and benefits, and other expenses under liabilities, and finally the owner’s equity(net worth) includes capital stock, retained earnings, and current period net income. So, grab this opportunity. Buy and download this template now!