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Post by Mr McGowan on Feb 10, 2009 6:26:35 GMT -5
Go on then answer it. I dare you!
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Post by melanie on Feb 10, 2009 6:28:29 GMT -5
The purpose of a Balance Sheet is to report the financial position of a company at a certain point in time.
Basically.
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Post by lisamafia on Feb 10, 2009 6:31:13 GMT -5
Lists assets (items owned), liabilities (owed), and owners' equity (the difference between assets and liabilities), prepared at a specific point in time, usually every few months.
iniiiit?
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