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Balance sheet |
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Balance sheetForms part of the annual report and is the statement of a value for a company's assets and liabilities and the end of the financial year (balance sheet date). It shows a company's financing through external debt, profit generation and the issuing of share capital.Balance sheetOne of the main components of a company's Report and Accounts, the balance sheet provides a snapshot of everything the company owes and owns at the end of the financial year in question. On a specific date it lists:tangible assetsintangible assetsstockdebtorscashbank creditorstrade creditorsshare capitalreservesWhere the profit and loss account tells you how the company has performed in the previous year, the balance sheet reveals things about its fundamental health, like whether it can pay its debts and how good its cash management is. A 'strong' balance sheet is one where liabilities (including borrowings) are considerably outweighed by assets (including cash).Significance: if the company is having problems, the balance sheet (together with the cash flow statement) will tell you whether it can stand the strain.Similar MatchesDouble declining balance depreciationDouble declining balance depreciationMethod of accelerated depreciation. Double Declining Balance Method Of DepreciationDouble Declining Balance Method Of DepreciationA use of the declining balance method, but with double the depreciation allowable by straight line. An accelerated method. Adjusted balance methodAdjusted balance methodMethod of calculating finance charges that uses the account balance remaining after adjusting for all transactions posted during the given billing period as its basis. Related: Average daily balance method, previous balance method, past due balance method. External balanceExternal balance1. Balance of payments equilibrium. 2. Any target value for the balance on current account, balance on capital account, or balance of payments. Internal balanceInternal balanceA target level for domestic aggregate economic activity, such as a level of GDP that minimizes unemployment without being inflationary. See the assignment problem. Contrasts with external balance. Further SuggestionsBalance sheet exposureAverage daily balance Double declining balance depreciation method (DDB) Outstanding balance Balance of payments balance of payments Imbalance balanced mutual fund Balanced fund Customers net debit balance Balanced budget Payment of balance Balance of payments deficit Net cash balance Target cash balance Zero balance account (ZBA) Balance of indebtedness Balance of merchandise trade Current account balance Declining Balance Method Of Depreciation On balance Balance of payments adjustment mechanism Full Employment and Balance Growth Act of 1978(Humphrey Hawkins Act) Credit balance Basic balance |
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