The Balance Sheet,or Statement of Financial Position,is the listing of all assets and all claims against the assets of a company.

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The Balance Sheet, also known as the Statement of Financial Position, is a financial statement that lists all assets, liabilities, and equity of a company at a specific point in time. It shows a company's financial position and helps to analyze its financial strengths and weaknesses.

The Balance Sheet,or Statement of Financial Position,is the Listing of All