Meaning of BALANCE SHEET in English

BALANCE SHEET

1. a sheet states what the firm owns and how it is financed. The accounting definition that underlies the balance sheet is:

Assets=liabilities+stockholders' equity

Note: three concerns must be included in the analysis of the balance sheet: accounting liquidity , debt versus equity, and value versus cost.

2. a sheet shows the assets, debt of a firm

Note: the fewer the debt, the stronger the balance

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.