Step 01: Open the spreadsheet associated with this assignment found in the same folder. This spreadsheet shows a template of a balance sheet is designed for personal use. Step 02: For some additional background on creating a balance sheet for personal use, click on an Investopedia article, Evaluating Your Personal Financial Statement, and read through it. You can skip the first part on personal cash flow statements and concentrate on the personal balance sheet section. At the bottom of this document are a couple images from the internet of balance sheet examples