What is balance sheet and offbalance sheet

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saniya nooreen

  • Dec 24th, 2006
 

balance sheet is a statement which consist if asset and liabilities balance sheet is not called as account .their are 2 columns  in balance sheet left hand side is called liabilities and right hand side is called asset .

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G.kiran

  • Sep 5th, 2007
 

A form of financing in which large capital expenditures are kept off of a company's balance sheet through various classification methods. Companies will often use off-balance-sheet financing to keep their debt to equity (D/E) and leverage ratios low, especially if the inclusion of a large expenditure would break negative debt covenants.

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