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Understanding the Balance Sheet

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A balance sheet is an important tool that helps business owners report the financial position of their companies. It is a snapshot of their business at a certain point in time and facilitates the analysis of a business’ current situation. If you create annual balance sheets, you will be able to compare your business’ financial position over time. Try our interactive eLearning video to learn more about how to create a balance sheet, and how it can help you in managing your business.

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