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A Balance Sheet is a fundamental accounting statement that provides a 'snapshot' of an entity's assets, liabilities and equity at a point in time.
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A Balance Sheet is a fundamental [[accounting]] statement that provides a 'snapshot' of an entity's assets, liabilities and equity at a point in time.
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It is called such as the total assets are equal to the total liablities plus equity.   
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It is called such as the total [[assets]] are equal to the total liablities plus [[equity]].   
    
Any meaningful analysis of a company's finances must include a review of the balance sheet, income statement and statement of changes in financial position.
 
Any meaningful analysis of a company's finances must include a review of the balance sheet, income statement and statement of changes in financial position.
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