Assets, Liabilities and Equity, Oh My!

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Real Money


Today Beth Domann, Executive Director of Springfield Little Theatre and Donna Coppock, Corporate Trainer at The Great Game of Business are giving the lowdown on balance sheets. Donna tells Beth that the balance sheet is what lists all assets and liabilities and equity. She stresses the importance of making sure the balance sheet actually balances. She says the balance sheet is an important tool to keep track of inventory and finances and learn the health of the business.  
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