balance-sheet total


balance-sheet total
The total net worth of an organization as shown at the bottom of the balance sheet, i.e. the fixed assets plus net current assets less long-term liabilities. In the qualification conditions for small company and medium-sized company exemptions, the balance-sheet total is the total of fixed and current assets before deduction of current and long-term liabilities.

Accounting dictionary. 2014.

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  • balance sheet — Accounting. 1. a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal. 2. a statement of the financial position of a business on a specified date. [1830 40] * * * Financial statement that… …   Universalium

  • balance sheet — bal·ance sheet n: a statement of financial condition at a given date Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. balance sheet …   Law dictionary

  • Balance sheet — Balance Bal ance (b[a^]l ans), n. [OE. balaunce, F. balance, fr. L. bilanx, bilancis, having two scales; bis twice (akin to E. two) + lanx plate, scale.] 1. An apparatus for weighing. [1913 Webster] Note: In its simplest form, a balance consists… …   The Collaborative International Dictionary of English

  • Balance sheet — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • balance sheet — an important business document that shows what a business owns and owes as of the date shown. Essentially a balance sheet is a list of business assets and their cost on one side and a list of liabilities and owners equity (investment in the… …   Financial and business terms

  • balance sheet — A statement of the total assets and liabilities of an organization at a particular date, usually the last day of the accounting period. The first part of the statement lists the fixed and current assets and the liabilities, whereas the second… …   Accounting dictionary

  • balance sheet — A statement of the total assets and liabilities of an organization at a particular date, usually the last day of the accounting period The first part of the statement lists the fixed and current assets and the liabilities, whereas the second part …   Big dictionary of business and management

  • Balance sheet identity — Total Assets = Total Liabilities + Total Stockholders Equity The New York Times Financial Glossary …   Financial and business terms

  • balance sheet identity — Total assets = Total liabilities ( liability) + Total stockholders equity. Bloomberg Financial Dictionary …   Financial and business terms

  • balance sheet — /ˈbæləns ʃit / (say baluhns sheet) noun the analysis at a given date of an enterprise s financial position, in accordance with which the total equities listed on one side are balanced by the assets listed on the other …   Australian English dictionary