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Liquidity Versus Solvency

1.    Watch the video link belo- have any of you made a Balance Sheet for your own personal finances?  If you did, would it be useful?  What would it tell you?

http://www.investopedia.com/video/play/introduction-balance-sheet/

2.    The articles below discuss Liquidity and Solvency.  If you were going to lease expensive equipment to the practice, which of these would you be concerned with, and why? 

https://www.nav.com/blog/solvency-vs-liquidity-what-is-financial-solvency-710059/

https://www.wallstreetmojo.com/liquidity-vs-solvency/

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