Balance Sheet

The balance sheet is one of the main economic statements second-handed by accountants and business owners. The balance sheet is also referred to as the statement of financial position. The balance sheet shows a company’s economic situation at the end of a particular date.
A balance sheet is a financial statement that sum up a company’s assets, liabilities and shareholders’ impartiality at a precise point in time.

Trial Balance Sheet

A trail balance sheet is one of the most important financial documents of the double entry system. Trial balance of a business can be done at any time of the financial period to keep the accounts fair and transparent. Some of the businesses run