|
The
Balance Sheet is normally the lead report
in financial presentations because it details
the structure of the company and reflects
its financial stability and strength.
This
is a financial snapshot and summarises the
position of assets and liabities at a specific
point of time. It incorporates how much
the business owes to suppliers and how much
is due from customers. It reflects assets
such as equipment and vehicles used in the
business and the liabilities such as amount
of capital you have invested in the business.
|