Statement of assets and liabilities

• cash, bank accounts, short-term investments
• amounts receivable (for example, a payment you will receive after the end of a fiscal period for goods or services that you have already delivered)
• inventories
   

• long-term investments that will mature in one year or later (for example, stocks or bonds)
   

• capital assets (for example, a building or equipment)

• accounts payable (for example, the purchase of goods or services that you will pay for after the end of a fiscal period)
• deferred revenue (for example, a payment you received in advance for goods or services that you still have to deliver)
   

• amounts you owe over periods of more than one year (for example, a mortgage)

the difference between assets and liabilities (if you have more assets, you have a surplus; if you have more liabilities, you have a deficit)