While the income statement is a tally of revenue and expenses over a period of time, a balance sheet is a snapshot of the current financial standing.
Below is a sample balance sheet. It is part of a larger working financial model.
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To keep it simple, the example includes basic line items including:
|Total Current Assets|
|Long Term Assets|
|Plant, Property & Equipment, Gross|
|Plant, Property & Equipment, Net|
|Total Long Term Assets|
|Total Current Liabilities|
|Long Term Liabilities|
|Long Term Debt|
|Total Long Term Liabilities|
|Total Shareholder’s Equity|