Question

what is balance sheet in accounting term?​

Answer 1

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.

MARK AS BRAINLIST AND THANKS

DON'T WRITE LONG ANSWER WRITE SHORT THAN ONLY YOU CAN LEARN

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. ... It is the amount that the company owes to its creditors