Open Excel, and you will see a new tab in the ribbon at the top that says PyXLL.

The Debt Snowball allows you to make a simple change to your behavior and systematically pay off debt at an accelerated rate. Get the free printables.

A balance sheet shows a company's assets, liabilities, and shareholder equity at that point in time. Learn how they work, how to read one, and why they're important.

Goodwill has an indefinite life, which means that it could stay on the balance sheet forever. Unless the business unit is sold a second time, the value of goodwill on the balance sheet won't go up.

We note that NextEra Energy, Inc. (NYSE:NEE) does have debt on its balance sheet. But should shareholders be worried about its use of debt?

Zara Investment (Holding) Co. Ltd. annual balance sheet for ZARA.JO company financials.

Canadian Imperial Bank of Commerce annual balance sheet for CM company financials.

A balance sheet can be presented in account form and report form, but first, it is important to have a basic understanding of the types of financial statements to prepare and why they are important.