balance sheet in financial accounting a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization whether it be a sole proprietorship a business partnership a corporation private limited pany or other organization such as government or not for profit entity real estate prep guide real estate practice exams real estate exam prep guide guarantee your success get instant access to one of the best real estate exam prep guides on the net our challenging and easy to use sample tests will help you prepare for your salesperson or broker exam how to read a balance sheet—a table of contents a balance sheet is a snapshot of a business that shows its assets what is has its liabilities what it owes and what value is left over the equity assets liabilities and holder equity explained assets broadly speaking assets are anything that has value for a pany assets on the balance sheet will consist of things such as land buildings desks lamps puters signage and patents the millionaire real estate investor gary keller dave the millionaire real estate investor [gary keller dave jenks jay papasan] on amazon free shipping on qualifying offers “this book is not just a bargain it’s a steal it’s filled with practical workable advice for anyone wanting to build wealth ”―mike summey
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