Balance Sheet

A Balance Sheet is one of the four main financial statements that provides a summary of a company’s finances at a specific point in time. All balance sheets include a company’s assets, liabilities, and equity. Unlike other financial statements, the balance sheet provides an accurate summary only at the time it is created.


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Vela Wood is a Texas based, startup focused law firm with a local feel and a global impact. VW has counseled thousands of small businesses and startups and facilitated nearly $500M in early-stage financings. For more information please visit our website.

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