yr11_statements_balancesheets

__**Balance Sheets**__ A balance sheet is preapred for a business to show its financial position at a point in time eg: as at 31 march 2009. TRY these two examples to check your understanding-a **service** and a **trading** example with adjustments Remember a Balance Sheet balances, the end totals **Net Assets** and **Equity** match-this helps you to know you have done it correctly.