The Balance Sheet Example Small Business shows a picture of the assets, liabilities and equity (net worth) of a business as of a specific day. The Balance Sheet shows two views of the business — what resources you own (Assets) and the credit or investment that made it possible to acquire these resources. A balance sheet summarizes an organization or individual’s assets, equity and liabilities at a specific point in time. Individuals and small businesses tend to have simple balance sheets.
i run a small business both online and offline and they serve as my primary source of income. my small business at home is a mini hyrophonics vegetable farm..,: