Can You Read Your Balance Sheet?

Can You Read Your Balance Sheet?

 
Are you able to read and understand your balance sheet? “This is an easy question, isn’t it? Maybe not. You know the formula, Assets = Liabilities + Owner’s Equity. As long as it is in balance then everything is okay, right? Maybe not. It is important as a business owner you understand what the figures on your balance sheet are telling you.
 

Uncategorized