If your S Corporation is large enough, you may need to complete a Schedule L on the tax return. The Schedule L is a two-year comparison of the company balance sheet according to the accounting ...

You must maintain a balance sheet for your S corporation, and you may refer to this information when you file taxes for the entity. In some instances you have to transcribe all of the information ...

A balance sheet includes a summary of a business’s assets, liabilities, and capital. Learn what a balance sheet should include and how to create your own.

A corporation’s financial performance sets it apart from other firms and gives investors a better understanding of the long-term investment opportunity. ... Example of a balance sheet.

Balance Sheet Example. We're going to look at Microsoft Corporation's FY22 Q1 balance sheet. MSFT FY22 Q1 balance sheet (Microsoft Corp.) What's on a Balance Sheet?