Inventory sheets are used to track a business’s assets. Check out our inventory sheet template and examples to learn more. An inventory sheet is a document that you use to track your assets.

A balance sheet includes a summary of a business’s assets, liabilities, and capital. Learn what a balance sheet should include and how to create your own.

Example of a balance sheet As an investor, you can review important financial statements from publicly traded companies through the Securities and Exchange Commission (SEC) . Here's an example of ...

If a balance sheet shows few liquid assets and a list of liabilities with very little financial flexibility, then it’s a signal that the business is not in a good spot.

For example, you pay $10,000 to purchase 500 shares of common stock at $20 a share. Record the transaction as a credit to common stock for $10,000 and a debit to cash for $10,000.

The profit and loss (P&L) statement is a financial statement that summarizes a company's revenues, costs, and expenses incurred during a specified period.