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:
- Owner’s Equity (e.g., common stock, retained earnings)
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:
|Total Current Assets
|Property, Plant & Equipment
|Total Non-Current Assets
|Total Current Liabilities
|Total Non-Current Liabilities
|Total Liabilities and Equity
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.