In financial accounting, a balance sheet or statement of financial position
is a summary of the financial balances of a sole proprietorship, a
business partnership, a corporation or other business organization, such
as an LLC or an LLP. Assets, liabilities and ownership equity are
listed as of a specific date, such as the end of its financial year. A
balance sheet is often described as a “snapshot of a company’s financial
condition”. Of the three basic financial statements, the balance sheet
is the only statement which applies to a single point in time of a
business’ calendar year.
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Released: 8th November '16
Product Tags: A4, Balance Sheet, Balance Sheet 4 Business Templ, Booklet, Business, Business Template, Corporate, Economics, Indesign, Template
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