Introduction to the balance sheet

Python ile Finansal Tahminleme

Victoria Clark

CGMA Financial Analyst

Types of financial statements

financial statements

Asset = Economic Resource

Liability = Economic Obligation

financial statements

equity = assets - liabilities

Equity: portion of owner's interest in a property or business

# House example

house_cost = 100000

down_payment = 20000

mortgage = 80000

tot_equity = house_cost - mortgage

# Balance sheet
owners_equity = assets - liabilities

financial statements

Python ile Finansal Tahminleme