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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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