👉@brewsandbudgets for more! Let’s talk about the Balance Sheet! It’s one 3 core financial statements used to evaluate a business. If you’re a small business owner, it’s definitely worth knowing a little more about it so you can be financially savvy 😎 The Balance Sheet reports Assets, Liabilities and Equity. It’s as simple as that! 💸 It is reported at a point in time 📆 The Balance sheet is calculated by balancing the assets with its liabilities and equity. Total Assets = Liabilities and Equity 👩🏽‍🏫 🤑🤑🤑 #blogger #financeblog #personalfinance #budget #finance #asset #equity #cpa #smallshop #smallshopfinance #bookkeeping #business #excel #accounting #singlemom #smallbusiness #balancesheet #financialstatements #liability #financetips #fun #budgeting