Question

what is balance sheet​

Answer 1

Answer:

balance sheet-

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

Explanation:

Uses of balanced sheet-

The balance sheet provides a snapshot of a company's accounts at a given point in time. The balance sheet, along with the income and cash flow statement, is an important tool for owners but also for investors because it is used to gain insight into a company and its financial operations.

I hope it's help you

please please mark as brainliest

and give 100 likes