A balance sheet is divided into two parts. The left side of the sheet shows the company's assets or what a company uses to operate the business. The right side of the sheet shows the liabilities and equity. This includes money that is owed to a bank and the money originally invested. After the calculations have been completed, the left side should equal the right side of the sheet. In other words, assets equal liability plus equity. Directions Create a balance sheet with the following information. Create formulas to calculate the totals. Make formatting changes to make it easy to read. Save and print