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What is a balance sheet? Explained

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Balance sheet Business Studies
What is a balance sheet? ,[object Object],[object Object]
The balance sheet is a financial “snap shot” ,[object Object]
FIXED ASSETS ,[object Object],[object Object],[object Object]
CURRENT ASSETS ,[object Object],[object Object]
CURRENT LIABILITIES ,[object Object],[object Object],[object Object]
NET CURRENT ASSETS ,[object Object],[object Object]
LONG TERM LIABILITIES ,[object Object],[object Object]
NET ASSETS ,[object Object],[object Object]
The second section of the balance sheet ,[object Object]
The start up of the business is funded by: ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],Exercise

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What is a balance sheet? Explained