The balance Sheet
Update: 2024-02-16
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1Description
The 2nd in the Know Your Numbers Know Your Business series.
The balance sheet is a crucial document, but not one that is commonly understood by garage owners.
This training Topic teaches you how to read a balance sheet.
Describes the Balance Sheet equation and the common terms used.
Explains what it is used for, and what it does and doesn't indicate.
The balance sheet can be used by investors, creditors and analysts as it provides insights into a company's financial health, liquidity and overall stability.
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