How to Create your First Balance Sheet
So, What do you think? After reading the above tutorials do you still think you can’t prepare a balance sheet?
Let’s try it
I Vision Infotech is giving you Rs. 50,000 as a start-up capital as an unsecured loan.
Now select your dream business line and make a list of expenses which you need to do to start your dream business then list down the same in Excel as shown in tutorials
Next, bifurcate them into recurring and non-recurring and prepare 2 statements accordingly. and your Balance Sheet is ready.
If you have any confusion, you can post your query in the comment section.
I am early waiting to see your first Balance Sheet