A Balance Sheet is a financial statement which projects the financial position of a business at the end of the accounting period.
Balance Sheet Template is a financial statement of a company. It shows the assets, liabilities, equity capital, total debt, etc. at a given point of time. For the balance sheet to reflect the true picture, both heads (liabilities & assets) should tally. Thus, Assets = Liabilities + Equity. A Balance sheet is a snapshot of […]