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| − | [[Balance Sheet]] is a balance sheet report shows the business owners and managers how much [[owner's equity]] is in the business, how many assets the business owns, and what the business owes in liabilities. The balance sheet falls in line with the accounting equation. | + | #REDIRECT [[Balance sheet]] |
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| − | ==Definitions==
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| − | According to [[College Accounting: A Practical Approach by Slater (13th edition)]],
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| − | :[[Balance Sheet]]. A balance sheet report shows the business owners and managers how much [[owner's equity]] is in the business, how many assets the business owns, and what the business owes in liabilities. The balance sheet falls in line with the accounting equation.
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| − | ==Related concepts==
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| − | *[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws.
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| − | ==Related lectures==
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| − | *[[Bookkeeping Quarter]].
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| − | [[Category: Septem Artes Administrativi]][[Category: Articles]]
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