Assertion: balance sheet | /r/CapableOf | report asset
Facets:
value: at a specific point in time
type: TEMPORAL
value: in order
type: OTHER
Source sentences:
text: Your balance sheet will list your assets in order of liquidity; that is, it reports assets in order of how easily they can be converted to cash.
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: 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: The balance sheet reports the assets, liabilities, and owner's (stockholders') equity at a specific point in time, such as December 31.