Loan Guide | |
| Loan Types | |
| Loan Providers | |
| Loans Calculator | |
| Loan Glossary | |
Loan Directory |
|
| Directory Home | |
| Scotland | |
| Ireland | |
| Wales | |
| England | |
| London | |
Get Interactive! |
|
| Submit A Review | |
| Ask a Question | |
| Answer a Question! | |
| Join Our Forum | |
Loan Glossary - Define: Balance Sheet
Q. What is Balance Sheet?
Answer:
This is a financial statement that lists the assets and liabilities of a business. Through a balance sheet, a business can tell whether or not it is making a profit or whether the expenses are more than the income, which will put it in a loss situation.