AccountingFinancial statements
How to read a balance sheet
A balance sheet shows what a business owns, owes, and is worth on a single day. Here is how to read one in about a minute — and the one equation that always holds.
2 Jul 2026 · 4 min read
A balance sheet shows what a business owns, owes, and is worth on a single day. Here is how to read one in about a minute — and the one equation that always holds.