balance sheet

Definition of "balance sheet"
  1. A financial report that shows a company's assets, liabilities, and net worth at a specific point in time
How to use "balance sheet" in a sentence
  1. The company's balance sheet revealed a significant increase in assets over the past year.
  2. He was asked to provide a balance sheet to assess the financial health of his business.
  3. Their balance sheet showed a decrease in net worth, raising concerns about their financial stability.

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