Saturday, 4 March 2017
How to make balance sheet 2
Choose the date for the balance sheet. The balance sheet is created to show the assets, liabilities, and equity of a company on a specific day of the year. Usually companies prepare an official balance sheet quarterly ( the last day of March, June, September and December, for example) and at the end of their fiscal year (such as December 31) but it can be done at any time.[4]
You might not finish putting together the balance sheet until several weeks after the end of the fiscal year (Dec. 31 for example), but your data collection end date and balance sheet date would still be December 31.
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