Money

A construction company balance sheet provides a snapshot of the company’s financial position at a specific point in time. It is a financial statement that summarizes the company’s assets, liabilities, and shareholders’ equity. The balance sheet equation is: Assets=Liabilities+Shareholders’ EquityAssets=Liabilities+Shareholders’ Equity Here is a simplified template for a construction company balance sheet:  Construction Company Balance Sheet AssetsLiabilities and Shareholders’ EquityCurrent AssetsCurrent Liabilities−���ℎ������ℎ�����������−���������������−������������������−�ℎ���−��������−���������−������������������−���������������−��ℎ���ℎ���−���������������Fixed AssetsLong-Term Liabilities−��������,�����,������������−����−��������−��ℎ�����−��ℎ������−���������������Total AssetsTotal LiabilitiesShareholders’ Equity−�����������−����������������Total Shareholders’ EquityTotal Liabilities and Shareholders’ EquityAssetsCurrent Assets−CashandCashEquivalents−AccountsReceivable−Inventory−PrepaidExpensesFixed Assets−Property,Plant,andEquipment−VehiclesTotal AssetsShareholders’ Equity−CommonStock−RetainedEarningsTotal Shareholders’ EquityTotal Liabilities and Shareholders’ Equity​Liabilities and Shareholders’ EquityCurrent Liabilities−AccountsPayable−Short−TermDebt−AccruedLiabilities−OtherShort−TermLiabilitiesLong-Term Liabilities−Long−TermDebt−OtherLong−TermLiabilitiesTotal Liabilities​​ … Read more