Assertion: balance sheet | /r/CapableOf | report liability
Facets:
value: at a specific point in time
type: TEMPORAL
Source sentences:
text: A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure.
text: It is called the Balance Sheet because it reports on Asset, Liability, and Equity accounts, and is meant to show that these three accounts balance according to the accounting equation:
text: Key Takeaways A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity.
text: Key Takeaways A balance sheet reports a company’s assets, liabilities, and shareholders’ equity at a specific point in time.
text: A balance sheet reports a company’s assets, liabilities, and shareholders’ equity at a specific point in time.
text: Here’s the main one: The balance sheet reports the assets, liabilities, and shareholders’ equity at a specific point in time, while a P&L statement summarizes a company’s revenues, costs, and expenses during a specific period of time.
text: It reports a company’s assets, liabilities, and equity at a single moment in time.
text: A balance sheet reports the assets, liabilities and shareholders equity of your business at a given point in time.
text: The balance sheet reports an organization’s assets (what is owned) and liabilities (what is owed).
text: A balance sheet reports a company's assets, liabilities, and shareholders' equity for a specific period.
text: The balance sheet reports the assets, liabilities, and owner's (stockholders') equity at a specific point in time, such as December 31.
text: A balance sheet reports the company’s assets, liabilities and equity at any given point of time whereas the profit and loss statement will report the profit made by the company.