The Balance Sheet Although the balance sheet was first implemented just a couple of centuries ago, it has quckly developed and sophisticated to become nowadays a widely used and powerful tool in the hands of professional users, well known and popular even among the mass public. In spite of its prominence, or may be because of it, the balance sheet can not be easily and fully described in a few words, but still, if we …showed first 75 words of 3057 total…

…showed last 75 words of 3057 total…but it will keep for some more time its "position of such a great importance". Bibliography Bibliography: Arnold J., and S. Turley, Accounting for Management Decisions, 3rd ed., 1996, Prentice Hall Europe (UK) Limited, London Berry A. and R. Jarvis, Accounting in a Business Context, 2edshnvd. ed., 1994, Chapman & Hall, London Watts J., Accounting in the Business Environment, 2nd ed., 1996, Pitman Publishing, London Adam, J.H., Longman Dictionary of Business English, 2nd ed., 1989, Longman Group UK Ltd.