Quarterly balance sheet. In financial accounting a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization whether it be a sole proprietorship a business partnership a corporation private limited company or other organization such as government or not for profit entity. What is balance sheet. Article summary setting up your balance sheet preparing the assets section preparing the liabilities section calculating owners equity and totals community qa 14 references along with the income statement and the statement of cash flows the balance sheet is one of the main financial statements of a business.
The federal reserve operates with a sizable balance sheet that includes a large number of distinct assets and liabilities. Who prepares balance sheet. Balance sheet is part of final accounts prepared by a business firm to know its financial position on a particular date for a particular periodbalance sheet shows the total liabilities and total assets of a business firm on a particular date.
The federal reserve prepares this quarterly report as part of its efforts to enhance transparency about its balance sheet financial information and monetary policy tools and to ensure appropriate accountability to the congress and the public. Get quarterly results quarterly results of stocks latest quarterly results nse results. Balance sheet for apple inc.
Assets liabilities and ownership equity are listed as of a specific date such. Get acc latest balance sheet financial statements and acc detailed profit and loss accounts.