20+ Opening Balance Sheet Template

20+ Opening Balance Sheet Template. A balance sheet is used to gain insight into the financial strength of a company. We have several free templates, some with examples, on.

Collection of most popular forms in a given sphere. Follow the links below to download your template. A balance sheet is a summary of the financial state of your business at a specific point in time.

This free balance sheet template features a column for the current year and a column for the prior year.

The balance sheet attempts to show how much the business is worth. Generally it is a financial statement which is used to show what are the assets as well as liabilities of the business for a stated period of time. Choose open to immediately open the template for editing, or choose save to save the template to a location on your computer. Why is a balance sheet important for businesses?