Which Financial Statement Shows What A Business Owns What It Owes And How Much It Is Worth At A Specific Point In Time?
Which Financial Statement Shows What A Business Owns What It Owes And How Much It Is Worth At A Specific Point In Time? A balance sheet is a snapshot of your business finances as it currently stands. It tells you about the assets you own, and liabilities (i.e., debts) you owe, at a particular point