What is a balance sheet?

AnswerBot
1y

A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.

  • It shows the company's assets, liabilities, and shareholders' equity.

  • Ass...read more

B.kousalya
2y

financial statement that contains details of a company's assets or liabilities at a specific point in time. It is one of the three core financial statements (income statement and cash flow statement b...read more

Anonymous
2y

A financial statement that contains details of a company's assets or liabilities at a specific point in time. It is one of the three core financial statements (income statement and cash flow statemen...read more

lathesh acharya
3y

The term balance sheet refers to a financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time. Balance sheets provide the basis for computing ...read more

shruthi reddy
3y

A statement of the assets, liabilities, and capital of business or other organisation at a particular point in time detailing the balance of income and expenditure over the preceding the period.

chattu purna chandra rao
3y

A balance sheet is a financial statement that reports a company's assets, liabilities, and shareholder equity. The balance sheet is one of the three core financial statements that are used to evaluate...read more

Vasanti Naik
4y

Balance sheet is a statement of assets, liabilities, and capital of a business or other organizations at a particular point in time

arpitha appu
4y

Balance Sheet is the financial statement of a company which includes assets, liabilities, equity capital, total debt, etc. at a point in time. 

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