Now that tax season is over for most of us, it's the perfect time to organize your assets and liabilities to assess your ...

A summary of all your assets and liabilities is a crucial first step toward getting a better handle on your finances.

"A person's net worth statement is a rough estimate of what a person's collection of assets is worth after paying all its liabilities. Basically, it shows the net of what you own minus what you ...

The balance sheet is also known as a net worth statement. The value of a company’s equity equals the difference between the value of total assets and total liabilities. The values on a company ...

Learn about our editorial policies A company's balance sheet, also known as a "statement of financial position," reveals the firm's assets, liabilities, and owners' equity (net worth) at a ...