Resource title

Balance Sheet

Resource image

image for OpenScout resource :: Balance Sheet

Resource description

In accounting, a balance sheet is a type of financial statement that provides a synopsis of a business entity's financial position at a specific time, including a company's economic resources (assets), economic obligations (liabilities), and the value of a company after its liabilities are subtracted from its assets (owners' equity). The term "balance sheet" refers to the way assets always equal (or balance) liabilities plus owners' equity.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Assem-Braz/Balance-Sheet.html

Resource license

Copyright © 2011 Advameg, Inc.