balance sheet template - grdc€¦ · balance sheet template how to complete your balance sheet is...
Post on 16-May-2020
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Balance sheet template
How to complete your balance sheet is outlined in section 5.3.1, Balance sheet, Module 2, of GRDC’s ‘Farming the Business’.
Current assets:
Livestock
Cash
Other (grain pools & grain-on-hand)
Total current assets
Non-current assets:
Machinery (written down value)
Land
Total non-current assets
A: Total assets (farm):
Current liabilities:
Overdraft + stock mortgage
Non-current liabilities:
Land related
Machinery related
B: Total liabilities (farm)
C: Net worth (farm) (A-B=C )
Source: P2PAgri P/L
This template to complete your balance sheet can be downloaded at: www.grdc.com.au/FBMtemplate-BalanceSheet
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