Balance Sheet

byPaytm Editorial TeamLast Updated: December 12, 2025

Meaning

A Balance Sheet is a financial statement that shows a company’s assets, liabilities, and equity.

Definition

It provides a snapshot of financial position on a specific date.

Sections

  • Assets
  • Liabilities
  • Shareholder equity

Purpose

Helps understand company stability and financial strength.

You May Also Like

Day Care ProceduresLast Updated: December 12, 2025

Meaning Day Care Procedures are medical treatments that require less than 24 hours of hospitalisation. Definition These procedures…

UPI Cashless PaymentLast Updated: November 14, 2025

Definition UPI Cashless Payment refers to digital money transfers made through UPI without using physical cash. It allows…

UPI Account BlockingLast Updated: October 21, 2025

Meaning UPI Account Blocking happens when your UPI service is temporarily or permanently restricted due to suspicious activity…

UPI App SessionLast Updated: October 21, 2025

Meaning A UPI App Session is the active time during which you’re logged into your UPI application. Importance…

Bank OmbudsmanLast Updated: August 19, 2025

Definition The Bank Ombudsman is an official appointed by the Reserve Bank of India (RBI) to resolve complaints…

NPCI Full Form & MeaningLast Updated: February 14, 2025

What is the full form of NPCI in banking & finance? The full form of NPCI is National…