What is a balance sheet typically used for? What information on the balance sheet is the most valuable? How does it complement another financial statement?

Thank you for using the Jiskha Homework Help Forum. A Balance Sheet is quick reference to see how the business is doing. Here are some sites for you:

1. http://www.businesstown.com/accounting/basic-sheets.asp

2. http://www.va-interactive.com/inbusiness/editorial/finance/intemp/balance.html

3. http://www.accountingcoach.com/online-accounting-course/05Xpg01.html