Balance sheet

재무제표의 일종.

The balance sheet reflects the assets, liabilities, and owners’ equity at a point in time. In other words, it shows, on a specific day, what the company owned, what it owed, and how much it was worth. The balance sheet is called such because it balances - assets always must equal liabilities plus owners’ equity. A financial statement ultimately flow to the balance sheet. Part 3 takes up the balance sheet. —p19, Financial intelligence for entrepreneurs