Balance Sheet आर्थीक ताळेबंद
Balance Sheet is a snapshot of a business at A POINT of Time. At a particular date, usually financial year-end date, all the assets and liabilities are counted and presented as a statement. This gives the overall picture of a company. Why read balance sheet? What Do I care about that company? If you are an investor in that company then yes you HAVE to care otherwise NO.
Balance sheet is divided in 2 parts.