noun
1. : a statement of the financial condition (as of a corporation) at a given date showing the equality of total assets to total liabilities plus net worth or of total liabilities to total assets plus deficit
2. : an accounting showing the relationship of counterpoised things (as profit and loss, achievement and lag, or activity and rest)
a balance sheet of military government, showing its difficulties and achievements — Sigmund Neumann
set up a balance sheet on each possible solution, stating your evidence for and against that course of action — W.J.Reilly