Balance sheet/Definition: Difference between revisions

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A statement of a company's [[asset (accountancy)|assets]]  and its [[liabilities (accounting)|liabilities]] that is a component of its annual accounts.
An annual statement of a company's [[asset (accountancy)|assets]]  and its [[liabilities (accounting)|liabilities]] that is a component of its annual accounts.

Latest revision as of 01:45, 8 September 2010

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Balance sheet [r]: An annual statement of a company's assets and its liabilities that is a component of its annual accounts.