Let’s look at a real-world example of a balance sheet and how to read it. Here’s a shot of Shopify ‘s (TSX: SHOP) balance sheet as things stood at the end of December 2022: ...

COST's fortress-like balance sheet, soaring cash reserves and modest debt highlight its financial edge in retail.

For example, if you purchased a $500 tool with a credit from a vendor, you can include that tool as an asset in your balance sheet. In the liabilities section of your balance sheet, you can add ...