Generic Balance Sheet

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Generic Balance Sheet Powered By Docstoc
					                                                    [COMPANY NAME]
                                                  Balance Sheet Forecast
                                                          [Date]
                             Current       Forecast                                     Current       Forecast
                             [Date]        [Date]                                       [Date]        [Date]

ASSETS                                                        LIABILITIES

Current Assets                                                Current Liabilities
 Checking Account            $         -   $            -      Accounts Payable         $         -   $          -
 Accounts Receivable                   -                -      Business Credit Cards              -              -
 Prepaid Insurance                     -                -      Operating Line of Credit           -              -
 Inventory                             -                -      Sales Tax Payable                  -              -
                                       -                -      Payroll Liabilities                -              -
                                                                                                  -              -
Fixed Assets
  Furniture and Equipment              -                -     Long-term Liabilities
  (Accum Dep. - Furniture)             -                -      Car Loan Payable                   -              -
  Computer Equipment                   -                -      Business Loan                      -              -
  (Accum Dep. - Computers)             -                -      Shareholder's Loan                 -              -
  Vehicles                             -                -                                         -              -
  (Accum Dep. - Vehicles)              -                -
  Buildings                            -                -     EQUITY
  (Accum Dep. - Buildings)             -                -      Opening Balance Equity             -              -
  Land                                 -                -      Capital Stock                      -              -
                                       -                -      Dividends Paid                     -              -
                                                               Owners Draw                        -              -
				
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Description: This document provides a template balance sheet. The purpose of a balance sheet is to provide a snapshot view of a company's financials. It is a financial statement that summarizes a company's assets, liabilities, and owners'/shareholders' equity at a specified point in time. Each section will list several accounts. For example, the assets will commonly include accounts for current assets (such as cash, inventory, and accounts receivable), fixed assets, and property; similarly the liabilities section will often include accounts for current and fixed liabilities - though the exact accounts listed will vary by company. A balance sheet is a useful analytical tool; it can be used to calculate working capital or used to determine a company's capital structure.