Question

What is balance Sheet​

Answer 1

Balance Sheet is the financial statement of a company which includes assets, liabilities, equity capital, total debt, etc. at a point in time. Balance sheet includes assets on one side, and liabilities on the other. Balance Sheet has two main heads –assets and liabilities. Let's understand each one of them.

Answer 2

Answer:

: Balance Sheet is the financial statement of a company which includes assets, liabilities, equity capital, total debt, etc. at a point in time. Balance sheet includes assets on one side, and liabilities on the other. ... Balance Sheet has two main heads –assets and liabilities

Explanation:

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