Accountancy, asked by saratsuman, 1 year ago

what is balance sheet?

Answers

Answered by riddhi66
4
Heya...☺️☺️
:
A balance sheet is a financial statement of the 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. ... They can be divided into current as well as non-current assets or long term assets...
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Answered by Arcel
8

Balance Sheet In Stock Market:

  • Balance sheet it is a statement of the financial positions of a business that lists all the assets, liabilities and owners equity at a particular point of time.

  • It shows the net worth of the business.

Things that a balance sheet contains:

  • It contains the assets of the company and items owned by the company.

  • It also contains the liabilities the company has liabilities includes all the debts the company has and money that the company owns to other companies and people etc.

  • It also contains the different equity and capital. This means the amount the company invested by the shareholders in the company and money the company has as cash with them.
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