Balance sheets - Hutchinson encyclopedia article about Balance sheets Printer Friendly
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balance sheet
(redirected from Balance sheets)

    Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.02 sec.

balance sheet

Statement of the financial position of a company or individual at a point in time, showing current assets and fixed assets, and current liabilities and long-term liabilities. A balance sheet must always balance, that is the sum of all the assets must equal the sum of all the liabilities.



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