Balance Sheet Example: Apple (NASDAQ: AAPL) Below is Apple’s balance sheet for 2020–2021, which shows assets equivalent to liabilities and shareholders’ equity.

The balance sheet and income statement can be used together to evaluate the efficiency of a company's operations. For example, the two statements can be used to calculate the accounts receivable ...

Three financial documents can evaluate the health of a business: the balance sheet, the income statement and the cash flow statement. Each measures and reports on different aspects of a company ...

The income statement breakdown chart illustrates how the company makes its money, while the balance sheet breakdown chart breaks down the companys assets, liabilities and stockholders equity ...

An integrated financial statement further shows how the income statement affects the balance sheet. In this example, the company has $10,000 in cash and $5,000 in capital stock on hand.

Consider, for example, how a company pays its payroll. Every two weeks, the company must pay its employees' salaries with cash, reducing its cash balance on the asset side of the balance sheet.

For example, when a vertical analysis is done on an income statement, it will show the top line sales number as 100%, and every other account will show as a percentage of the total sales number.

For example, a company's financial statements for the month of September will contain a balance sheet as of September 30th and an income statement for the entire month of September.