Balance Sheet—Why Does It Matter? (Understand w/ Animation!) | Finance Strategists

An accounting balance sheet is a financial document that shows the relationship between a company’s assets, liabilities, and shareholder equity at a particular point in time. It can be used to calculate a company’s net worth and is one of the three financial statements all companies are required to keep, including the cash flow statement and income statement. _______________________ 0:00 Intro 0:08 Balance Sheet Definition 0:27 Balance Sheet Accounts 1:12 What Goes on a Balance Sheet 2:09 Discussion _______________________ Talk with an advisor by emailing [email protected] Learn more by visiting the page: https://www.financestrategists.com/terms/balance-sheet/ Check out the main Finance Strategists YouTube Page here: https://www.youtube.com/channel/UCqScqlMRSeoHXRigrf0WxLg _______________________ Message from the founder: Here at Finance Strategists, we believe one of the best ways you can help someone is with their finances. We create helpful informational videos and content to help people take control of their finances. Finance Strategists plans to launch "Finance Strategists for Kids" where we teach fundamental financial concepts to kids in a clear manner allowing them to generate margin in their lives to bless other people. We believe raising up a generation of leaders with financial freedom can change individual lives, neighborhoods, countries, and the world. _________________________ 🔔 Hit the bell next to Subscribe so you don't miss a video! 📧 Fill out this form to receive the "Finance Word of the Day" in your inbox! 👨🏻‍💻 Watch our newest vids! - https://bit.ly/FS-Recently-Added 💃 To book Ranie for voiceover or spokeswoman, email [email protected] _________________________ Follow us on Socials: Website: FinanceStrategists.com Instagram: @financetrategists Twitter: @FinStrategists LinkedIn: https://bit.ly/FS-linkedin Facebook: https://bit.ly/Facebook-FS