an obligatory statement which shows the financial position of a company at a given moment in time. Traditionally in two halves showing the Liablities (equity/shares, long term debt, and reserves; 'where the money came from') on the left and Assets (fixed and net-current assets, investments;'where the money has gone') on the right.
BALANCE SHEET
Meaning of BALANCE SHEET in English
Raynet Business and Marketing English glossary. Английский глоссарий компании Raynet Business and Marketing . 2012