Balance Sheet Template
Free balance sheet template for Excel and PDF. Track assets, liabilities, and equity with classified format.
| Line Item | 2024 | 2025 |
|---|---|---|
| Assets | ||
| Current Assets | ||
| Cash & Equivalents | $85,000 | $120,500 |
| Accounts Receivable | $45,000 | $52,300 |
| Inventory | $30,000 | $38,700 |
| Prepaid Expenses | $5,000 | $6,200 |
| Total Current Assets | $165,000 | $217,700 |
| Fixed Assets | ||
| Equipment | $50,000 | $55,000 |
| Less: Accumulated Depreciation | ($10,000) | ($15,000) |
| Net Fixed Assets | $40,000 | $40,000 |
| Total Assets | $205,000 | $257,700 |
| Liabilities & Equity | ||
| Liabilities | ||
| Accounts Payable | $25,000 | $32,400 |
| Notes Payable | $30,000 | $25,000 |
| Total Liabilities | $55,000 | $57,400 |
| Equity | ||
| Owner Capital | $100,000 | $100,000 |
| Retained Earnings | $50,000 | $100,300 |
| Total Equity | $150,000 | $200,300 |
| Total Liabilities & Equity | $205,000 | $257,700 |
Balance Sheet Template
Get New Templates in Your Inbox
Join 2,000+ others getting free finance templates. No spam, unsubscribe anytime.
Classified Format
Current and fixed categories
Auto-Calculations
Totals computed automatically
Year-over-Year
Compare multiple years
Working Capital
Current ratio calculation
How to Use
1. Download the template in Excel or PDF format.
2. List current assets (cash, receivables, inventory).
3. Enter fixed assets and accumulated depreciation.
4. Add liabilities and equity to balance the sheet.
The spreadsheet automatically calculates totals and verifies the balance.
What's Included
Complete balance sheet with sections for:
Related Templates