What is the meaning of balance sheet?

noun

  • A record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets. .
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APAWordNet. (2010). balance sheet. Retrieved September 20, 2026, from http://smartdefine.org/balance_sheet/definitions/1243119
ChicagoWordNet. 2010. "balance sheet" http://smartdefine.org/balance_sheet/definitions/1243119 (accessed September 20, 2026).
HarvardWordNet 2010, balance sheet, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/balance_sheet/definitions/1243119>.
MLAWordNet. "balance sheet" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/balance_sheet/definitions/1243119>
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