Financial statement that shows the changes in cash value of Shareholders' Equity, Assets, owned by Business and Liabilities imposed on the Business over the Accounting Period.
| Current Assets | Current Liabilities |
| Fixed Assets | Long-Term Liabilities |
| Total Assets | Total Liabilities |
| Equity | |
| Total Assets | Equity + Total Liabilities |
The statement is balanced when Total Assets = Equity + Total Liabilities.
See also
Business / Business Administration / Financial Management / Financial Accounting / Financial Statement
[ Profit and Loss (P&L) ] [ Cash Flow ] [ Balance sheet ] [ Changes in Equity ]
[ Asset ] [ Current Assets ] [ Fixed Assets ]
[ Liabilities ] [ Current Liabilities ][ Long-Term Liabilities ]
[ Accounting Equation ] [ Equity ]