An Example of Cash-Basis Accounting. ... If the firm offers clients 15-day to 30-day payment terms, the balance sheet reflects money received during that month, ...

Liquid assets: Cash and cash equivalents, such as certificates of deposit (CDs) ... This is an example of a basic balance sheet and what’s included. Download Balance Sheet Example.

Example of a balance sheet Let's look at a real-world example of a balance sheet and how to read it. Here's a shot of Apple 's ( AAPL 0.58% ) balance sheet as things stood on Sept. 30, 2023: ...

Balance Sheet Example: Apple (NASDAQ: AAPL) Below is Apple’s balance sheet for 2020–2021, which shows assets equivalent to liabilities and shareholders’ equity.

GuruFocus Feature Update: Balance Sheet and Cash Flow Statement Charts. For example, Apple Inc. (NASDAQ:AAPL) had $352.8 billion in total assets as of September 2022, including $135.4 billion in ...

A balance sheet is a financial statement that accounts for a business's assets, liabilities, and shareholders' equity at a specific time.

For example, if you have $1,000 ... When you use the cash basis of accounting, your sales can be derived by analyzing the cash account in the balance sheet.

A balance sheet is designed to be viewed in conjunction with an income statement and a statement of cash flows. Together, these financial statements are the three key documents that comprise sound ...