TopicFax cover page template for pages.
PostedSat, Aug 03rd 2019 09:09 AM
The balance sheet is basically a report version of the accounting equation also called the balance sheet equation where assets always equation liabilities plus shareholder’s equity. In this way, the balance sheet shows how the resources controlled by the business (assets) are financed by debt (liabilities) or shareholder investments (equity). Investors and creditors generally look at the statement of financial position for insight as to how efficiently a company can use its resources and how effectively it can finance them.
A data sheet is basically a sheet or piece of document where you list down important and relevant data. In this case, data pertains to any form of information which is used in different fields of study such as science, business, medicine, academics, and public service, just to name few. All of the data will be incorporated in the data sheet.