| Balance Sheet |
 |
A
company's financial statement that reports its assets, liabilities,
and net worth at a specific time.
|
 |
You
will notice that Assets = Liabilities + Shareholder Equity. This is
true for all balance sheets. If the balance sheet is "consolidated"
it just means that the company is a corporate group rather than one
single company. |
|
|
|
|
Dictionary
