In this example, we start our comparative balance sheet analysis by examining how each account changed from the first year to the second. In this case, the company's cash has increased quite a bit ...

The balance sheet provides an overview of company assets and liabilities, but this means nothing without context. The comparative balance sheets provide additional time periods side-by-side so ...

A comparative balance sheet lists assets, liabilities and equity over two years. For example, if you are completing a 2020 tax return, the Schedule L will show the year end balances for 2019 and 2020.

A balance sheet shows a company's assets, liabilities, and shareholder equity at that point in time. Learn how they work, how to read one, and why they're important.