The balance sheet in detail, explained by our Melbourne small business accountants
The balance sheet is a statement that our Melbourne small business accountants use to indicate the financial position of a business at a certain point in time. This means it reports what the business owns and owes through the terms assets, liabilities and equity. Our small business accounting services in Melbourne have detailed some of the important terms used when creating a balance sheet.
For more information on what is included in a balance sheet, please contact our Melbourne small business accountants today.