A balance sheet is a financial statement that provides a broad overview of a given firm's assets, liabilities and shareholders' equity. This important document gives management and other ...

Federal Reserve Governor Christopher Waller said on Thursday the U.S. central bank still has some ways to go in shrinking the ...

How to Open a Balance Sheet When Purchasing a Business. ... Write down the value of the owner's equity under the heading "owner's equity" in the bottom-right section of the balance sheet.