A balance sheet is a statement of the financial position of a business that lists the assets, liabilities and owner’s equity at a particular point in time. In other words, the balance sheet illustrates your business’s net worth.
Disclaimer: All posts made on this website are provided for information purposes only. None of the information here is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. Before making an investment decision, you should seek the advice of a qualified and registered securities professional.