Balance Sheet Walkthrough Videos - Long Term Assets

January 31, 2024

A balance sheet is a “snapshot” of the financial health of your farm business at a single point in time.  It lists what you own (assets) and what you owe (liabilities) with the difference between them indicating how much the farm business is worth (owner equity/net worth). 

The following videos outline examples of the types of information that goes on the long term assets section of your farm's balance sheet.