Name:

Date:
Agricultural Business
Balance Sheet: 1

Balance Sheet
What is a Balance Sheet?
Three Components

The Balance Sheet is a

financial situation at a point in time.
-What does that mean?

of the business

Current Assets
Cash or other assets which can be converted to cash through
normal operations of the during
.

Name:
Date:
Agricultural Business
Balance Sheet: 1

Non-Current Assets
Assets used in producing a product or

Current Liabilities

Non-Current Liabilities

Owners Equity
Equation:
o