Document-centered workflows can consume plenty of your time and effort, no matter if you do them regularly or only from time to time. It doesn’t have to be. In reality, it’s so easy to inject your workflows with additional productivity and structure if you engage the right solution - DocHub. Advanced enough to handle any document-connected task, our software lets you alter text, photos, notes, collaborate on documents with other users, generate fillable forms from scratch or web templates, and electronically sign them. We even protect your information with industry-leading security and data protection certifications.
You can access DocHub instruments from any location or system. Enjoy spending more time on creative and strategic tasks, and forget about monotonous editing. Give DocHub a try right now and enjoy your Profit and Loss Statement workflow transform!
Welcome back to accounting stuff Im James andtoday ill show you how to make a Balance Sheet the balance sheet is one of the three mainfinancial statements the other two called the income statement which we did in the lastvideo and the cash flow statement which well cover next time a balance sheet or a statementof financial position is a financial report that gives us a snapshot of a businesss assets, liabilities and equity at a single point in time now if youve watched my videos before then youve probably heard this one the stuff that a business owns is equal to the stuff that a business owes in other words a business owns assets and it owes liabilitiesto third parties the difference between the two is called equity which is what the business owes back to its owners and so we have the accounting equation assets are equal to liabilities plusequity when we take a snapshot of this accounting equation at a single point in time were lookingat a balance sheet well call t
