Balance Sheet Example The following is an example of a balance sheet. This report is available to shareholders on a quarterly and annual basis. It describes the value of a company at any given point in time, as well as is possible. Some of these terms may be used in conversations you have with your colleagues. Consolidated Balance Sheet of ABC Corporation (in thousands) 2005 2006 ASSETS Current assets: Cash and cash equivalents 12,237 863 Accounts receivable, net for doubtful accounts 41,811 22,183 Inventories 37,391 16,248 Total current assets 91,439 39,294
Property, plant, and equipment less depreciation 7,703 5,683 Total assets 99,142 44,977
LIABILITIES AND SHAREHOLDERS EQUITY Current liabilities: Accounts payable 8,912 15,370 Accrued expenses 3,298 1,719 Income tax payable 550 3,535 Total current liabilities 12,760 20,624
Long term-term obligations 10,195 23,563
Stockholder's equity 76,187 790
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