How to Create a Balance Sheet

4 EASY STEPS

STEP 1.Create two columns.

One column to list your

assets and another column to list your

liabilities.

STEP 2.List all assets.

List all assets on the left column. Reflect the total assets at the end

of the column.

STEP 3.List all liabilities.

List all liabilities on the right column. Reflect the total liabilities at the end of the column.

STEP 4.Add equity.

Add the equity to the total liabilities and the amount should be equal to the total amount of

assets in the left column.

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