Create a Balance Sheet on Microsoft Excel Step by Step: Startup Starter Kit
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Business Basics: In this video, I do a tutorial to explain, step by step, how to create a balance sheet using Microsoft Excel. This Excel tutorial will cover things such as 'merge and center', 'sum functions', and other tools. I start with a basic balance sheet and then recreate it (sole proprietorship) called Easy Rent-Alls.
• Playlist
The video is part of a larger playlist called the startup starter kit, which is a series of videos designed to teach teach business students, people interested in business, or people that are interested in running a business about the basics and fundamentals. We'll touch upon all of the basic business functions such as accounting, marketing, logistics, etc. Hope you enjoy!
#accounting #businessbasics #startupstarterkit
0:00 Introduction
0:59 Setting up the Heading + Merge and Center
3:25 Assets Section (Sum Function)
6:54 Liabilities Section
8:30 Owner's Equity (note there's only capital because its a sole proprietorship)
10:25 Creating a Vertical Balance Sheet (Columnar)