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When creating and understanding the balance sheet, it is important to understand why a balance sheet is structured the way it is. What is the purpose of the assets side? Why do I need the liabilities side? Why is the balance sheet total always balanced and what exactly can be derived from the balance sheet? In this video, we look at everything step by step so that we can understand it as quickly and easily as possible. ___________________________ 0:00 Introduction 0:16 Creating a balance sheet 8:55 Important features of a balance sheet ___________________________ #bwl #accounting #booking #tconts #shouldhave #simplyexplained #learningvideo #herrtafelschwamm ____________________________ I really hope that this video helped you to understand the topic better :) Since I am certainly not infallible, I am always grateful for praise and criticism so that I can do either just as well or even better next time ???? If you have any topic requests because you have a test or an exam coming up or you simply want to know more about a particular topic, please write to me in the comments under the videos or directly by message on Instagram: @herrtafelschwamm / herrtafelschwamm Attached you will find a few playlists that might also help you. I will gradually expand the playlists, as I still have countless videos in my head that I would like to implement ???? Videos on external accounting / posting records and posting on T-accounts: • Basics of external accounting... Exercises on external accounting as preparation for class tests: • Exercises on external accounting... Videos on cost and performance accounting (KLR): • Cost and performance accounting - From the... Videos on business administration: procurement and warehousing: • Business administration: procurement and warehousing - V... Videos on business administration: financing and investment • Business administration: investment and financing - A...