In this episode, Oblique Consult breaks down the essentials of creating a balance sheet—a key financial statement that provides a snapshot of a company’s financial health. We guide you through a simple five-step process, from listing assets and liabilities to ensuring the accounting equation balances. Learn about different types of balance sheets, their importance in financial analysis, and answers to common questions. Whether you're a business owner or just starting in finance, this episode will help you master the fundamentals of balance sheets with ease!