balance-sheet

balance sheet

noun Accounting.
1.
a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal.
2.
a statement of the financial position of a business on a specified date.

Origin:
1830–40

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
balance sheet
 
n
a statement that shows the financial position of a business enterprise at a specified date by listing the asset balances and the claims on such assets

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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American Heritage
Cultural Dictionary

balance sheet definition


An orderly account of the assets of a company or individual and of the financial claims on those assets by others.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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