balance sheet
noun Accounting.
a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal.
a statement of the financial position of a business on a specified date.
QUIZZES
TAKE THIS QUIZ TO SEE WHAT YOU KNOW ABOUT HIGH SCHOOL PUNCTUATION!
Commas mark divisions in sentences. Periods end declarative sentences. Apostrophes show possession. Easy, right? Well, punctuation can get pretty tricky—fast. Think you got what it takes to be a punctuation expert? Take our quiz to prove it!
Question 1 of 10
Which of the options below is the best punctuation for the sentence? It__s your turn to pick the movie __ but your sister gets to pick the board game we _ re going to play.
Its your turn to pick the movie but your sister gets to pick the board game we’re going to play.
It’s your turn to pick the movie but your sister gets to pick the board game were going to play.
It’s your turn to pick the movie, but your sister gets to pick the board game we’re going to play.
TAKE THE QUIZ TO FIND OUTOrigin of balance sheet
First recorded in 1830–40
Words nearby balance sheet
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
Example sentences from the Web for balance sheet
British Dictionary definitions for balance sheet
balance sheet
noun
a statement that shows the financial position of a business enterprise at a specified date by listing the asset balances and the claims on such assets
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cultural definitions for balance sheet
balance sheet
An orderly account of the assets of a company or individual and of the financial claims on those assets by others.
The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.