Balance Sheet for [Business Name]

BALANCE SHEET [Year 1] [Year 2] [Year 3] [Year 4] [Year 5]

Current assets $0 $0 $0 $0 $0
Cash
Petty cash
Inventory
Pre-paid expenses
Fixed assets $0 $0 $0 $0 $0
Leasehold
Property & land
Renovations/improvements
Furniture & fitout
Vehicles
Equipment/tools
Computer equipment
More
Total assets $0 $0 $0 $0 $0
Current/short-term liabilities $0 $0 $0 $0 $0
Credit cards payable
Accounts payable
Interest payable
Accrued wages
Income tax
More
Long-term liabilities $0 $0 $0 $0 $0
Loans
More
Total liabilities $0 $0 $0 $0 $0

NET ASSETS (NET WORTH) $0 $0 $0 $0 $0

WORKING CAPITAL $0 $0 $0 $0 $0

Assumptions:

This Balance Sheet is intended as a GUIDE ONLY and DOES NOT constitute financial advice,
please verify and discuss your financial statements with a qualified accountant, solicitor or financial advisor.
All figures are GST inclusive.

This Balance Sheet is intended as a GUIDE ONLY and DOES NOT constitute financial advice,
please verify and discuss your financial statements with a qualified accountant, solicitor or financial advisor.
Using this Balance Sheet
This balance sheet contains a list of suggested assets and liabilities a typical business may have. You can edit these
items by removing or adding rows and typing in your own items. Dont forget to enter the financial years in the
columns provided.

Please note: This sheet assumes all figures are GST inclusive.

Formulas

When you add your figures, the sheet will automatically calculate your totals and net assets at the bottom. If you are
adding or removing rows please double-check your figures to ensure the calculations have been preserved.

Calculations
Net assets equals Total assets minus Total liabilities.

Working capital equals Curret assets minus Current liabilities.

This balance sheet is intended as a GUIDE ONLY and DOES NOT constitute financial advice, please always
verify and discuss your financial statements with a qualified accountant, solicitor or financial advisor.

This balance sheet has been developed by business.gov.au, the

Australian Government's principal business resource, located within
the Department of Industry.

Copies of the latest version of this spreadsheet can be downloaded

from www.business.gov.au.

If you need further information, assistance or referral about a small

business issue, please contact us on 13 28 46.