Original Source: Investopedia

“What Is a Balance Sheet?

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. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders…”

https://www.investopedia.com/terms/b/balancesheet.asp

Contributors: Investopedia
Categories: Industry Articles, SIG U Resource
SRC Type: Category Specific, Finance, Real Estate