What is Balance Sheet?
A Balance Sheet is a financial document showing a company’s assets, liabilities and shareholders’ equity at a specific date; for instance at a month, quarter or year-end. The profit is shown on the bottom of the Income or P&L Statement should ALWAYS match the profit on the bottom of the corresponding Balance Sheet. Most importantly, one without the other is near worthless.
Audio Definition/Pronunciation
OTHER TERMS BEGINNING WITH "B"
- B2B, B2C & B2G Sales
- Back Office
- Bad Credit Business Loans
- Bad Debt
- Balance Sheet Insolvency
- Balloon Loan
- Balloon Payments
- Bankruptcy
- Bespoke Financing
- Bill & Hold
- Bill of Lading
- Bill Rate
- Blended Workforce
- Blind Shipment
- Bookkeeping
- Bootstrapping
- Borrowing Base
- Breach of Covenant
- Break-Even Point
- Bridge Loans
- Bulk Factoring
- Bull Hauler
- Burden
- Burn Rate
- Business Acquisition
- Business Credit Protection
- Business Credit Report
- Business Credit Score
- Business Financing
- Business Line of Credit Requirements
- Business Loan
- Business Turnaround
- Buy-Side Transaction
- Buyout Fee