# Balance sheet

> 재무제표의 일종.

[재무제표](https://wiki.g15e.com/pages/Financial%20statement.txt)의 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](https://wiki.g15e.com/pages/Financial%20statement.txt) ultimately flow to the balance sheet. Part 3 takes up the balance sheet. --p19, [Financial intelligence for entrepreneurs](https://wiki.g15e.com/pages/Financial%20intelligence%20for%20entrepreneurs.txt)