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What is balance sheet?

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  • What is balance sheet?


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Answer #1 | 29/01 2012 09:56
a statement that shows income and expenses
Positive: 54 %

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The balance sheet shows the financial status of an organisation at a particular instant in time – normally at the end of a reporting period such as a ...
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Positive: 54 %
Balance sheet definition, a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal. See more.
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Positive: 49 %
In other words, the balance sheet must balance. - Small Business Encyclopedia. Home. Latest; Top 50; How To; Lists; Events; Subscribe. Small Business ...
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Positive: 35 %
A balance sheet is a snapshot of a business' financial position on one particular day. It provides a summary of what a business owns or is owed.
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Positive: 12 %

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