In this section of Form 413, you’ll want to include your liabilities as an individual — and if you’re married, any liabilities you hold jointly with your spouse — just like the assets section.

Difference Between Report Form & Account Form Balance Sheets. Your balance sheet provides an overview of your company's financial position -- the assets the company has, its liabilities and the ...

Use this guide as a quick reference to find important information on nonprofit groups from the forms they’re required to file with the Internal Revenue Service. Most federally tax-exempt groups must ...

Total liabilities are generally broken down into three categories: short-term, long-term, and other liabilities. Total liabilities plus equity must equal total assets on a company's balance sheet.

Working capital can be negative if a company's current assets are less than its current liabilities. Working capital is calculated as the difference between a company's current assets and current ...