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Definition of Balance sheet
1. Noun. A record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets.
Definition of Balance sheet
1. Noun. (accounting): A summary of a person's or organization's assets, liabilities and equity as of a specific date. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Balance Sheet
Literary usage of Balance sheet
Below you will find example usage of this term as found in modern and/or classical literature:
1. Auditing Theory and Practice by Robert Hiester Montgomery (1912)
"Every such report and balance sheet shall be read before the company at the next
general meeting. Any auditor who shall willfully or through gross ..."
2. The Trust Problem by Jeremiah Whipple Jenks (1901)
"Every such report and balance-sheet shall be read before the company at the next
general meeting. Any auditor who shall wilfully or through gross negligence ..."
3. The Philosophy of Accounts by Charles Ezra Sprague (1908)
"CHAPTER V THE balance sheet ITS IMPORTANCE — ITS CONSTITUENTS — How ... The balance
sheet of proprietorship is a summing-up at some particular time of all ..."
4. 20th Century Bookkeeping and Accounting: A Treatise on Modern Bookkeeping by James Williams Baker (1917)
"Prepare a Statement of the Business consisting of the balance sheet and Profit
and Loss statement from each of the following Trial Balances. ..."
5. Transactions by East Hertfordshire Archaeological Society (1903)
"The Council, in presenting to the members the fifth Annual Report and Balance
Sheet, are again able to report ail increase in the membership, ..."
6. Accounting in Theory and Practice: A Text-book for the Use of Accountants by George Lisle (1906)
"It is supported on the ground that, as the balance sheet is the account of a
concern, that concern should be credited with all the assets and debited with ..."
7. Accounting Theory and Practice by Roy Bernard Kester (1918)
"sheet, then, and then only, should a consolidated balance sheet be used. A fine
distinction must sometimes be drawn to determine when it is more desirable, ..."
Other Resources:
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