Home        About       News       Library       Contact

Balance Sheet
A financial statement that summarizes the owners' financial position - assets, liabilities and equity.

The reserve balance is reflected on the balance sheet.

A reserve study (depreciation report) is concerned with the accrued funds relative to either the opening balance or the closing balance.

See also:

(c) Copyright Asset Insights, 2000-2013, All Rights Reserved - "Insight, foresight and oversight of assets"