Question

balance sheet example​

Answer 1

$\underline\mathtt\blue{Answer\:-}$

• A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity.

Answer 2

What is balance sheet ?

The balance sheet displays the company's total assets, and how these assets are financed, through either debt or equity. It can also be referred to as a statement of net worth, or a statement of financial position. The balance sheet is based on the fundamental equation:

Example : Assets = Liabilities + Equity.