Balance sheet - Financial definition
Translations: FR bilan (n.m.) , bilan comptable (n.m.) ES balance (n.m.) DE Bilanz (n.f.)
Synonyms:
statement of condition, statement of financial position
Concise definition of the term balance sheet
A balance sheet is a statement which summarises the financial position of a company by listing its assets, liabilities and shareholder's equity with their respective values at a specific point in time.
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