Dear BTEC Business Year 10 & 12
this page is designed to help you understand a very difficult concept very quickly.
Definition: A balance sheet is a valuation of a company at a certain time and place.
It also shows what the company OWES and OWNS at a particular time and place.
It also tells you how the business was financed and should accurately show how the NET ASSETS and the FINANCE BALANCE
So lets start here with this PowerPoint and here make some notes on this tough topic
Another Example of a balance sheet can be found here
My first Balance Sheet
Key term test here
Revision resources for the whole unit here