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Introduction to the Balance Sheet

Level:: AS, A-Level

Board:: AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 22 Mar 2021

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The balance sheet is a snapshot of the assets and liabilities of a business at a moment in time and how those net assets are financed by capital and reserves. This short revision video introduced and outlines the main features of a standard balance sheet.