3 ms·
Why would they have a balance sheet if they don't/didn't make money?
by tomphoolery 14y ago
Why would they have a balance sheet if they don't/didn't make money?
- jaggederest 14y agoBalance sheet isn't about making money. It's about assets, liabilities, and equity. Everyone should have and understand a balance sheet for their personal finances. You should know that your house is an asset, and the mortgage against it a liability.
- doktrin 14y agoDo they spend money? If so, they need a balance sheet.