ABOUT THIS TEMPLATE

Track your Total Assets, Liabilities, Owner’s Equity, and Balance using this workbook.

Enter Assets and Liabilities in respective tables in Balance Sheet worksheet.

Total Current, Fixed, and Other Assets, Total Current and Long-term Liabilities, Total Owner’s
Equity, and Balance are automatically calculated.

Year-over-year chart is automatically updated in the other worksheet.

Note: 

Additional instructions have been provided in column A in BALANCE SHEET worksheet and in cell
A1 in YEAR-OVER-YEAR CHART worksheet. This text has been intentionally hidden. To remove
text, select column A or cell A1, then select DELETE. To unhide text, select column A or cell A1,
then change font color.

To learn more about tables in the BALANCE SHEET worksheet, press SHIFT and then F10 within a
table, select the TABLE option, and then select ALTERNATIVE TEXT.
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Enter Company Name in cell at right. Title of this worksheet is i Balance Sheet Balance Sheet

AsseAssets
EnteCurrent assets: Beginning of First Year End of First Year
Cash 174,500.00 -
Inventories - 20,000.00
Pre-paid expenses 3,000.00 -
Other - -
Total current assets 177,500.00 20,000.00

Fixed assets: Beginning of First Year End of First Year

Equipment 22,500.00 22,500.00
EnteAccumulated depreciation - (4,560.00)
Total fixed assets 22,500.00 17,940.00

Total assets 200,000.00 37,940.00

Liabilities and owner's equity

EnteCurrent liabilities: Beginning of First Year End of First Year
Accounts payable - -
Accrued wages - -
Accrued compensation - -
TotaIncome taxes payable - -
Other - -
LiabTotal current liabilities - -
Enter details in Current Liabilities table starting in cell at right. Next instruction is in cell A37.
Long-term liabilities: Beginning of First Year End of First Year
Loans Payable 100,000.00 -
Interest Payable
Total long-term liabilities 100,000.00 -

Owner's equity: Beginning of First Year End of First Year

Investment capital 100,000.00 100,000.00
Accumulated retained earnings - 103,530.00
EnteTotal owner's equity 100,000.00 203,530.00

Total liabilities and owner's equity 200,000.00 203,530.00

Enter details in Owner’s Equity table starting in cell at right. Next instruction is in cell A46.
Balance - (165,590.00)

Total liabilities and owner's equity for previous year are auto calculated in cell C46 and for the current year in cell D46. Next instruction is in cell A49.

Previous Year Balance is auto calculated in cell C49 and Current Year Balance in cell D49.
 Year-over-year comparison
250000

200000

150000

100000

50000

0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

-50000

Column C Column D