Balance Sheet in Tally Prime | How to View / Analyse / Prepared Balance Sheet | Final Report

In this video you will learn what a balance sheet is. Balance Sheet is a summary of the financial balances of an individual or organization, whether it is a sole proprietorship, a business partnership, a corporation, a private limited company or other organization such as a government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year which helps you to define your company’s financial position