Balance sheet
volume
British pronunciation/bˈaləns ʃˈiːt/
American pronunciation/bˈæləns ʃˈiːt/

Definition & Meaning of "balance sheet"

Balance sheet
01

a written statement that shows the assets and liabilities of a company at a specific point in time

example
Example
examples
The decision to write up the value of the equipment on the financial statements positively impacted the company's balance sheet.
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