Introduction to the Balance Sheet. The basic balance sheet is one of the main accounting statements. The statement shows a snapshot of the assets, liabilities and equity of the business at a specific point in time, usually at the end of an accounting period. Free accounting templates help you manage the financial records for your company which is a big responsibility. It is important to ensure that you keep accurate records to create financial statements and other business documents such as a balance sheet, an income statement, cashflow statement invoices, packing lists, expense reports, mileage reports, timesheets, and more, to help stakeholders ... Sample balance sheet Other Layouts In the sample balance sheet on this page I have shown the accounting equation to be: assets - liabilities = equity and is more common in places like the UK and New Zealand the totals that must balance are Net Assets and Equity There is a Company Balance Sheet Format for business purposes and a Personal Balance Sheet Format to find out your personal net worth. Use the Projected Balance Sheet Format for a good pro forma outline. If you want to run all the numbers down at once, use the Vertical Balance Sheet Format. This format lists all your assets, liabilities, and ... Oct 23, 2018 · Balance Sheet Template Calculate the balance of a company’s assets, liabilities, and equity to get a snapshot of its financial position at any given time. The template includes lines for assets such as cash, accounts receivable, inventory, and investments, along with liabilities, including accounts payable, loans, and payroll.