Week 2 (Day 3): Understanding Financial Statements

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Day 3: Decoding the Balance Sheet

• Take Action

• Helpful Tip

• Free Resource

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Week 2 Day 3 Action Plan

Today, we embark on the first chapter of our financial statement exploration - the Balance Sheet.

Take Action: Mastering the Basics: Balance Sheet

• Review a sample Balance Sheet and identify key components.

• Consider how assets, liabilities, and equity interact in your business.

Helpful Tip:

• The Balance Sheet is like a snapshot capturing your business's financial position at a specific moment.

Free Resource:

Stay in Touch

What did you learn about the balance sheet today?

Until tomorrow, happy financial management!