Need a two - three page paper about balance sheets. Be sure to include the following within the paper:
- What is the definition of a balance sheet?
- What are the components of a balance sheet?
- What is the purpose of the balance sheet?
- What are the major sections of the balance sheet?
- What ways are balance sheets used?
- Give at least three examples of why a stable organization needs a balance sheet.
- Describe the ways the balance sheet contributes to the overall financial health of the organization.
Provide a complete bibliography page with full citation in APA format for any outside sources utilized (Reference page does not count as a text page for your paper). Your papers should reflect scholarly writing and current APA standards.