Opening Day Balance Sheet
A balance sheet shows the financial position of your company at a single moment in time; in this case, it will be as of opening day. You can use your startup expenses to get the basic data for the balance sheet. Here are some accounting rules which will help you construct an accurate balance sheet: Assets are recorded at the lower of cost or current market value. Since your assets will be newly acquired, put them down at cost. If you have donated personal possessions to the business, enter them at market value.
- Platform: Windows PC
- Excel Version: Excel 97 - 2003
- License: Freeware
- Filesize: 282 Kb
- Macro Enabled: No
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