Balance Sheet Walkthrough Videos - Liabilities
![](/dA/ab20c854c8/fileAsset/Farm Balance Sheet Template Reduced.jpg)
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 liabilities section of your farm's balance sheet.
You Might Also Be Interested In
-
Determine Your Financial Position
Published on February 23, 2022
-
Options for a Smooth Transition
Published on February 23, 2022
-
Foreclosure Process in Michigan
Published on February 23, 2022
-
Options to Keep the House
Published on February 23, 2022