Economics, Econometrics and Finance
2 years ago

New balance sheet tool revolutionizes tracking of financial assets and liabilities.

Studies in methods. Series F
The balance sheet

Paper Summary

A balance sheet is a snapshot of what you own and what you owe at a specific time. It shows the value of your stuff (assets) and what you owe to others (liabilities). This sheet can be made for individuals, groups, or the whole economy.

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