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Balance Sheet (Topic Outline)

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Topic Outline

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Read our In-Depth Explanation Free

Our Explanation of the Balance Sheet provides you with a basic understanding of a corporation's balance sheet (or statement of financial position). You will gain insights regarding the assets, liabilities, and stockholders' equity that are reported on (or omitted from) this important financial statement.

Take our Practice Quiz Free

This 24-question quiz is a fast way to assess your understanding of the Balance Sheet Explanation. It's also a great warmup for our Quick Test.

Review our Visual Tutorial

Our visual tutorial for the topic Balance Sheet gives you a step-by-step description of the components of the balance sheet. This is especially helpful in understanding the stockholders' equity section.

Watch our Financial Statements Video Training

Our financial statements videos will help you learn and review the balance sheet, income statement, and statement of cash flows. This video training consists of 14 videos of approximately 10 minutes each.

Read our Bookkeeping Study Guide

Our Bookkeeping Study Guide captures the most important concepts associated with bookkeeping. Whether you are just learning or you want to refresh your skills, this guide will be a great assist on your bookkeeping journey.

Review our Q&A Free

We've answered 369 popular questions related to the topic Balance Sheet. Review them all or use the search box found at the top of each page of our website for your specific questions.

Review our Flashcards

Our flashcards for the topic Balance Sheet will help you master key terms and definitions. You can view them on any device or print them.

Solve our Word Scrambles with Coaching

This word scramble is a great way to review and retain the terminology associated with the Balance Sheet. The coaching feature provides you with a brief description and an example.

Solve our Crossword Puzzle #1

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Balance Sheet in a more fun format.

Solve our Crossword Puzzle #2

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Balance Sheet in a more fun format.

Review our Sample Business Forms

Our balance sheet forms include three for corporations and two for sole proprietorships. All of our business forms contain an Excel template, a blank PDF form, and a filled-in PDF form.

Review our Cheat Sheet

Our Balance Sheet Cheat Sheet provides the highlights of this very important financial statement. You will learn about asset classifications, liabilities, and owner's (and stockholders') equity.

Take our Quick Test #1

This graded 35-question test measures your understanding of the topic Balance Sheet. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.

Take our Quick Test #2 with Coaching

This graded 30-question test provides coaching to guide you to the correct answers. Use our coaching to learn the WHY behind each answer and deepen your understanding of the topic Balance Sheet.

Earn our Balance Sheet Certificate of Achievement

Preparing for this certificate exam will deepen your understanding of what the balance sheet is reporting and what it is not reporting. Decide that you are going to take your financial sophistication to a higher level and then demonstrate it by earning this certificate.

Earn our Balance Sheet Certificate of Achievement

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Q&A
Dictionary
Bookkeeping Video Training
Financial Statements Video Training
Visual Tutorials
Quick Tests
Quick Tests with Coaching
Cheat Sheets
Flashcards
Crossword Puzzles
Word Scrambles with Coaching
Bookkeeping Study Guide
Managerial and Cost Accounting Study Guide
Certificates of Achievement
Bookkeeping Certificate of Excellence
Business Forms
Printable PDF Files
Progress Tracking
Motivational Badges and Points
Motivational Medal Rankings
Motivational Activity Streaks
Public Profile Page of Achievements

About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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