The Balance Sheet:


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The Balance Sheet:
1010202The Balance Sheet: Basic Summary of Value and OwnershipIn Chapter 1, we called the balance sheet a freeze frame, a photo, and a snapshot, to give you an idea of its purpose, which is to show the financial condition of the business at a single point in time. Now let's get away from the analogies and talk about what the balance sheet actually is and what it looks like.
10103011011303Assets and Ownership—They Really Do Balance!
Citation
Gene Siciliano, C.M.C., C.P.A.: Finance for Non-Financial Managers. The Balance Sheet:, Chapter (McGraw-Hill Professional, 2003), AccessEngineering Export