How to Create a Balance Sheet in 30 Minutes
- 3.8
Brief Introduction
Understanding a basic balance sheetDescription
This Personal Finance class on Balance Sheets will teach you the basics of a balance sheet by showing you what goes into a balance sheet and how to properly fill one in. Filling out a balance sheet is a great skill to keep in your personal finance toolbox. This class will walk you through step by step on how to fill in your assets and liabilities along with the other attributes of a balance sheet. After taking this class, you will be able to understand a basic balance sheet and have the ability to create your personal balance sheet that will help you see your full financial picture.
Prepare to learn about the basics of a balance sheet by learning:
What is a Balance Sheet
Why it's called a Balance Sheet
What are assets
What are liabilities
Three sections to a balance sheet
Filling out a Balance Sheet
As a class project you will be filling out your own Balance sheet you will then use as another tool to understand your full financial picture.
Requirements
- Requirements
- No Prerequisites