2 min. read
There are two important worksheets to create as a part of your financial management strategy, the balance sheet and the income statement.
A balance sheet represents the financial position of any entity on a specific date. For businesses, this date is the end of an accounting period (month, quarter, year).?
All transactions of a business are recorded in the “books” of the business, and are used to prepare financial statements based on the accounting equation:?
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