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Balance Sheet

A comprehensive financial statement that is a summarized assessment of a company's accounts specifying its assets and liabilities. A report, usually prepared by independent auditors or accountants, which includes a full and complete statement of all receipts and disbursements of a particular business. A review that shows a general balance or summation of all accounts without showing the particular items that make up the several accounts.

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Balancing - Balancing Of Competing Interests In The U.s. Supreme Court, Balancing Of Competing Interests In Other State And Federal Courts [next] [back] Baker v. Carr - Further Readings, Cross-references