Series 7: 9.4.1.2. The Balance Sheet

Taken from our Series 7 Online Guide

9.4.1.2. The Balance Sheet

The balance sheet is a document that summarizes the company’s assets, liabilities, and shareholders’ equity. On the balance sheet, assets are what the company owns, liabilities are what the company owes, and shareholders’ equity is what’s left over, the company’s net worth. Th

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