Balance sheet
The Balance Sheet is a fundamental financial statement that provides a snapshot of an organization's financial position at a specific point in time, detailing its assets, liabilities, and owner's equity. It is crucial for assessing a company's financial health, solvency, and liquidity, guiding strategic business decisions. The figures presented are the culmination of all accounting activities, informing financial reporting and tax calculations.
Translations
| Language | Code | Translation |
|---|---|---|
| English | en | Balance sheet |
| Svenska | sv | Balansräkning |
| Norsk | no | Balanse |
| Dansk | da | Balance |
| Suomi | fi | Tase |
| Polski | pl | Bilans |
| Română | ro | Bilanț |
| Magyar | hu | Mérleg |
| Bahasa Indonesia | id | Neraca Keuangan |
| Tiếng Việt | vi | Bảng cân đối kế toán |
| 日本語 | ja | 貸借対照表 |
| 한국어 | ko | 재무상태표 |
Related Terms
Opening balance · Trial balance · Current balance · Running balance · Account balance · Closing balance · Aged balance · Bank balance
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