To clearly describe the economic activities of a company, a company first needs a Balance Sheet. The reason is to understand what the initial investment has become, and whether its value is maintained. A Balance Sheet is mainly divided into two columns, one on the left and one on the right. On the left, I got my Assets. On the right there are 2 things listed. The one on the top is called "Liabilities", the one on the bottom is "Shareholders’ Equity".
