Simple Balance Sheet Example

BALANCE SHEET OF       AS AT      /     /     
$ $ $
Current assets:
     
     
     
     
     
     
     
    
Total current assets      
Current liabilities:
     
     
     
     
     
     
     
    
Total current liabilities     
Working capital
(current assets – current liabilities)
     
Fixed assets:
     
     
     
     
     
     
     
    
Total fixed assets     
Total net assets
(fixed assets + working capital)
    
Owner’s equity:
Capital
Less drawings
Plus net profit / Less net loss
     
    
     
    
Total owner’s equity
(equal to total net assets)
    
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