About Balance Sheet

The prime goal of this article is to know about balance sheet. A balance sheet may be characterized as “an announcement arranged with a perspective to quantify the definite financial position of a business on a certain date. A balance sheet has two sides the left hand side and the right hand side. These two sides, on the other hand, are not similar with the charge side and credit side of a record account in light of the fact that balance sheet is not a record.