Breadcrumb Home > Dictionary > Index B balance sheet: Meaning and Definition of Find definitions for: bal'ance sheet" Pronunciation: [key] — Accounting. Accounting. a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal. a statement of the financial position of a business on a specified date. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. balance shaft balance spring TrendingHere are the facts and trivia that people are buzzing about. Chinese New Year History, Meaning, and Celebrations Current Events This Week: February 2024 Valentine's Day Valentine's Day History Mardi Gras 30 "Charlie and the Chocolate Factory" Quotes ✖ Related Content Daily Word Quiz: persiflage Analogy of the Day: Today’s Analogy Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language