The result is the equity/net worth of a business or person. The biggest mistakes people make when creating a balance sheet is leaving items off and using incorrect market values for assets ...

Here, CNBC Select explains what a balance sheet is, how to create one and how it can be useful to both companies and individuals. What is a balance sheet? How a balance sheet works Why balance ...

Par value of issued stock may also appear on the balance sheet under the term "Common stock." Paid-in capital in excess of par value Paid-in capital in excess of par value When a company sells ...