If you’re starting to learn finance, the balance sheet is one of the most important places to begin. It’s not flashy, and it doesn’t tell a dramatic story on its own, but it quietly shows you exactly where money stands at a specific moment in time. Think of it as a financial snapshot. Unlike other statements that track performance over weeks or months, the balance sheet answers a simpler question: what does this person or company own right now, what do they owe, and what’s le