Business Finance
BALANCE SHEET

Question Description

I’m studying for my Business class and don’t understand how to answer this. Can you help me study?

What is the significant of a balance sheet to a business.

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Final Answer

Some sort of financial declaration of which summarizes some sort of businesses resources, liabilities and shareholders' collateral at a particular stage. Most of these a few equilibrium bed sheet sections provide investors a thought as to what the corporation is the owner of and owes, and also the sum put in through the investors.

The balance sheet ought to stick to the following formulation:

Resources = Debts + Shareholders' Value.



Farrukh (866)
Carnegie Mellon University

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