Call 24 X 7 : +91 8341000081    eMail : ccvbayaccountservicee@yahoo.com  

                                      

BALANCE SHEET OF BUSINESS


"Balance Sheet is one of the reports of a financial statement which provides a snapshot of the entity’s financial condition on a given date."

What Is BALANCE SHEET?

Balance Sheet is the financial statement of a company which includes assets, liabilities, equity capital, total debt, etc. at a point in time. Balance sheet includes assets on one side, and liabilities on the other.

"For the balance sheet to reflect the true picture, both heads (liabilities & assets) should tally (Assets = Liabilities + Equity)."

Balance sheet is more like a snapshot of the financial position of a company at a specified time, usually calculated after every quarter, six months or one year.

Balance Sheet has Three main heads
  • Assets
  • Liabilities
  • Capital Or Equity

What are ASSETS?

Assets are those resources or things which the company owns. They can be divided into current as well as non-current assets or long term assets.

What are LIABILITIES?

Liabilities on are debts or obligations of a company. It is the amount that the company owes to its creditors. Liabilities can be divided into current liabilities and long term liabilities.

What is EQUITY?

Another asset source is equity. If you are the sole proprietor of your business, this is referred to as owner’s equity. If your business is a corporation, equity is called stakeholder’s equity. When all liabilities are subtracted from your company’s assets, the result is equity.

Equity is made up of paid-in capital and retained earnings. Paid-in capital is the amount each shareholder initially paid for his or her stock. Retained earnings refers to the amount of money your business didn’t sell to shareholders and instead reinvested into itself.

Assets = Liability + Capital

Why are Balance SheetsImportant?

Balance sheets are also important because these documents let banks know if your business qualifies for additional loans or credit. Balance sheets help current and potential investors better understand where their funding will go and what they can expect to receive in the future. Investors appreciate businesses with high cash assets, as this insinuates a company will grow and prosper.

CVBAY ACCOUNT SERVICES is providing the balance sheets at an affordable prices, on-time supply of the work. If you require balance sheet then contact CVBAY ACCOUNT SERVICES 24 * 7.

CVBAY ACCOUNT SERVICES works round the clock, 24 hours x 7 days x 365 days. When you collaborate with us, we will deliver the desired output in real time as well as within a specified turnaround time.

If you need the Online Income Tax return filing services, GST registration and Company registration services with us then we will take care for all of your tax needs 24*7*365 Days. You can contact us at ccvbayaccountservicee@yahoo.com

If you require any of our services, then Please send email to us at : ccvbayaccountservicee@yahoo.com, or Call us (India) : +91 8341-00-0081

                    



CVBAY ACCOUNT SERVICES

Call us 24 X 7 : Tel (India): +91 8341000081
or Email us : ccvbayaccountservicee@yahoo.com