Balance Sheet
An elaborate form of this equation is presented in a balance sheet which lists all assets, liabilities, and equity, as well as totals to ensure that it balances.
Read more about this topic: Accounting Equation
Famous quotes containing the words balance and/or sheet:
“As the House is designed to provide a reflection of the mood of the moment, the Senate is meant to reflect the continuity of the past—to preserve the delicate balance of justice between the majority’s whims and the minority’s rights.”
—Lyndon Baines Johnson (1908–1973)
“No man is good enough to govern another man, without that other’s consent. I say this is the leading principle—the sheet anchor of American republicanism.”
—Abraham Lincoln (1809–1865)
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