MBE Standard 5 part 1
Presentation
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Business
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9th - 12th Grade
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Hard
Belinda Jones
FREE Resource
10 Slides • 1 Question
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MBE Standard 5 part 1
Introduction to the Balance Sheet by learning Assets, Liabilities, and Capital
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The Balance Sheet
A balance sheet describes the type and amount of assets, liabilities, and capital in a business on a specific date.
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The Balance sheet consists of 3 things:
Assets include the things the business owns.
Liabilities are the amounts the business owes.
Capital is the difference between the amount of assets and the amount of liabilities, this is the value of the business.
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Use Google Sheets or Excel to create a Balance Sheet that looks like this one.
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Poll
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MBE Standard 5 part 1
Introduction to the Balance Sheet by learning Assets, Liabilities, and Capital
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