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added request to merge (or move the page) since I'm pretty sure the title is formatted wrong
{{merge|Balance sheet}}
A '''balance sheet''' is a one of the fundamental [[accounting]] [[statement]]. It provides a "snapshot" of a financial entity's assets, liabilities, and total equity at a fixed point in time. Less commonly, it is also referred to as a '''statement of financial position'''.<ref>[http://www.accountingcoach.com/terms/B/balance-sheet.html Balance sheet definition]</ref>
A '''balance sheet''' is a one of the fundamental [[accounting]] [[statement]]. It provides a "snapshot" of a financial entity's assets, liabilities, and total equity at a fixed point in time. Less commonly, it is also referred to as a '''statement of financial position'''.<ref>[http://www.accountingcoach.com/terms/B/balance-sheet.html Balance sheet definition]</ref>