Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

The Balance Sheet provides the details of assets owned and liabilities owed by a business. It is also an important document to assess the long term financial position and the net worth of a business. A balance sheet will have two sides which represents Assets and Liabilities.

The total of assets should always be equal or greater than the liabilities so that the business will be capable of repaying all its liabilities with its assets.

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Stories

ERPNext at Zerodha

Zerodha is India’s first, and now the largest, discount stockbroker. It is known for its in-house trading platforms and disruptive use of technology in the

Do You Want To Boost Your Business?

drop us a line and keep in touch

small_c_popup.png

Let's have a chat

transform your organization and become more fiercely competitive.