The balance sheet is a snapshot at a single point in time of the company's accounts - covering its assets, liabilities and owners' equity. The purpose of the balance sheet is to give users an idea of the company's financial position along with displaying what the company owns and owes.
Powerful Lesson About "Your job - as students who are receiving an education - is to be aware of your privilege, and to use this particular privilege to do your best to achieve great things, **all the while advocating for those in the rows behind you.**"
Privilege vs. Needs People who think we need "straight pride parades" or "white history month" are kinda like people who look at handicapped parking spaces and say "Why don't I get something like that, huh?"...They don't care why it exists, they don't care that they get the whole parking lot, they're just mad that there's 4 spaces in front of the Walmart that aren't just for them. - Christopher Walker