text: how can i draw a balance sheet ? what is needful to draw a balance sheet ? a balance sheet has the following components:  assets      current assets (e.g. cash, receivables)      inventory      fixed assets (e.g. equipment, vehicles)  liabilities      current liabilities (trade payables, etc.)      long-term liabilities (anything payable more than one year from now)  equity      retained earnings      any share capital issued.  total liabilities + total equity must equal total assets.