Printable Accounting Balance Sheet Template in PDF, Word, Excel

Current assets comprise cash and cash equivalents, Accounting Balance Sheet Template receivable, inventory, prepaid expenses, and any other short-term assets that can be converted into cash within a year. Fixed assets encompass land, buildings, machinery, equipment, vehicles, and any other long-term assets used in business operations. 

Accumulated depreciation accounts for the accumulated decrease in fixed asset value due to wear and tear or obsolescence. Investments cover stocks, bonds, and other long-term investments the company holds. Intangible assets represent non-physical assets such as goodwill, patents, trademarks, copyrights, and other intellectual property. Other assets include any additional asset categories specific to the company’s operations.

Printable Accounting Balance Sheet Template in PDF, Word, Excel

The liabilities section of the balance sheet template outlines current liabilities and long-term liabilities. Current liabilities consist of accounts payable, short-term loans, accrued expenses, taxes payable, and other obligations due within a year. Long-term liabilities include long-term debt, deferred taxes, and any other long-term financial obligations that extend beyond a year.

The equity section represents the ownership interests in the company. It includes common stock, preferred stock, retained earnings, treasury stock, and any other equity components specific to the company. Common stock represents the shares issued to common shareholders, while preferred stock reflects the shares issued to preferred shareholders. Retained earnings account for the accumulated profits or losses of the company that have not been distributed to shareholders. Treasury stock represents shares of the company’s stock that have been repurchased and are held by the company.

These templates conclude by calculating the total liabilities and equity, which is determined by adding the total liabilities and the total equity. This provides a clear picture of the company’s financial position and its sources of financing.

Customize this template from TemplateDiy to fit your specific accounting needs and consult with a professional accountant or financial advisor to ensure accuracy and compliance with accounting standards and regulations.