Respuesta :
A balance sheet, or statement of financial position, represents a person's or family's financial condition over time.
The statement is FALSE.
A standard corporate balance sheet is the financial accounts of an individual or organization, whether it is a sole proprietorship, partnership, corporation, limited liability company, or other organization such as a government or non-profit organization. is a summary of Two pages: assets on the left, funding on the right – this is his two parts.
Liabilities and Equity. The main categories of assets are usually listed first in order of liquidity. Assets are followed by liabilities. The difference between assets and liabilities is called the company's equity or net worth or net worth or equity, and according to the accounting equation, net worth should be equal to assets minus liabilities
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