Balansheet related
Sayed Nabil (301 Points)
15 August 2021Sayed Nabil (301 Points)
15 August 2021
Samantha J
(1236 Points)
Replied 15 August 2021
Sayed Nabil
(301 Points)
Replied 16 August 2021
Samantha J
(1236 Points)
Replied 16 August 2021
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 16 August 2021
Here, what do you mean by perfect balance sheet ?
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 16 August 2021
A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure.A balance sheet is a summary of all of your business assets (what the business owns) and liabilities (what the business owes). At any particular moment, it shows you how much money you would have left over if you sold all your assets and paid off all your debts (i.e. it also shows 'owner's equity').
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