Question

what is balance sheet ?

Answer 1

Answer:

balance sheet is a financial statement that reports a company's assets, liabilities, and shareholder equity. The balance sheet is one of the three core financial statements that are used to evaluate a business. It provides a snapshot of a company's finances (what it owns and owes) as of the date of publication.

Answer 2

Explanation:

A balance sheet is a statements of the assets, liabilities, and a capital of a business or other organisations at a particular point in a time, detailing the balance of income and expenditure.