A Balance Sheet shows a company’s assets, liabilities and equity on a given date, it is a snapshot of the financial status of the company. The Balance Sheet is only accurate at the moment in time it is created and does not fluctuate and change.
A Balance Sheet shows a company’s assets, liabilities and equity on a given date, it is a snapshot of the financial status of the company. The Balance Sheet is only accurate at the moment in time it is created and does not fluctuate and change.