Total Assets - Cash on hand and in the bank

[Plarka]

On the Balance Sheet section of TurboTax Business, it's asking me to enter the total assets my company owned at the end of the tax year. Is that the amount in my business bank account?  Wouldn't that amount be the stock and debt basis, which is entered before that? 

[PatriciaV]

Total Assets include cash, accounts receivable, inventory, loans to shareholders, depreciable assets, land, and other assets. In order for the company's books to balance, this must match Total Liabilities and Owners Equity, which is the total of accounts payable, loans from shareholders, mortgages, stock, paid-in capital and other equity accounts.

You can see these accounts displayed on Form 1120S p3-5 Schedule L (even if you don't complete the balance sheet entries).