Balance Sheet Accounting1 commentBalance Sheet shows financial position or condition of the business a specific point in time. It consists of the assets of a business organization and the claims (internal and external) on those assets. « Back to Glossary Index1 Comment Sugira fidele on January 25, 2019 at 7:56 am Thank you for your support to accounting. You offer us the quality note. ReplySubmit a Comment Cancel replyYour email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment.