Comparative balance sheets
A Comparative balance sheet usually has two columns of amounts that appear to the right of the account titles or other descriptions such as Cash and Cash Equivalents, Accounts Receivable, Accounts Payable, etc. The first column of Comparative balance sheet contains the amounts as of a recent moment or point in time, say December 31, 2012. To the right will be a column containing corresponding amounts from an earlier date, such as December 31, 2011. The older amounts appear further from the account titles or descriptions as the older amounts are less important.