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Developing a Balance Sheet
A good information system contributes to the financial success of the farm business. A financial information system contains four essential and interrelated components: the balance sheet, the cash flow statement, the income statement, and farm records. The balance sheet indicates the financial position of the farm business at a particular point in time. The balance sheet shows what is owned versus what is owed.
| Organization | Oklahoma Cooperative Extension Service |
| Publisher | Oklahoma State University |
| Publication Date | August, 2020 |
| Publication Views | 60 |
| Material Type | Written Material |