What is a Balance Sheet Template?

Balance Sheet Template

Share This...

Balance Sheet Template

A balance sheet template is a pre-formatted document, often in spreadsheet software like Microsoft Excel or Google Sheets, that provides a standardized structure for presenting a company’s assets, liabilities, and equity at a specific point in time. It helps businesses easily create and maintain their balance sheets by providing a clear layout and organization of the financial data.

A simple balance sheet template typically includes the following sections:

Using a balance sheet template helps ensure that the financial data is presented in a consistent and easily understandable format, making it simpler for business owners, investors, and other stakeholders to analyze the company’s financial position.

Example of a Balance Sheet Template

Here’s a simple balance sheet template:

Current Assets
Accounts Receivable8,000
Total Current Assets30,000
Non-Current Assets
Property, Plant & Equipment50,000
Total Non-Current Assets50,000
Total Assets80,000
Current Liabilities
Accounts Payable6,000
Total Current Liabilities6,000
Non-Current Liabilities
Long-Term Debt10,000
Total Non-Current Liabilities10,000
Total Liabilities16,000
Common Stock40,000
Retained Earnings24,000
Total Equity64,000
Total Liabilities and Equity80,000

This table shows a simple balance sheet with assets, liabilities, and equity sections. Each section is broken down into current and non-current categories. The total assets, total liabilities, and total equity are displayed at the bottom. The sum of total liabilities and total equity should equal the total assets.

Other Posts You'll Like...

Want to Pass as Fast as Possible?

(and avoid failing sections?)

Watch one of our free "Study Hacks" trainings for a free walkthrough of the SuperfastCPA study methods that have helped so many candidates pass their sections faster and avoid failing scores...