A ratio of debt to equity is calculated by dividing total debt by the amount of shareholders' equity, found near the bottom ...

You must maintain a balance sheet for your S corporation, and you may refer to this information when you file taxes for the entity. In some instances you have to transcribe all of the information from ...

Tax preparers of IRS Form 1120S for a subchapter S corporation are required to do an annual calculation to reconcile the corporation's balance sheet on the tax return, Schedule L, with the net income ...