small business for my refinance, and I dont have a clue how to do it. My small business only brings in about $12,000 a year. I dont have an accountant so Im on my own. My husband and I are refinancing my home and they needed a P&l statement along with a balance sheet. I got the P & l statement but I dont know how to make a balance sheet. Any help would be appreciated. Thank you in advance
      Answer1:Im not an accountant but I do some bookkeeping work. what you need is a sheet that one side shows your income(sales) and on the other side you need to show where you money is going.(bank, coupons, and such) maybe you could look online for examples of balance sheets.I work at a grocery store we divide the sales side by department, cashier overs... the other sides shows where the money that we made goes (bank, lottery payouts, cashier shorts, payout for supplies)