What is a term for the elements of a balance sheet? Specifically I need a term that includes assets, liabilities, and owners equity. This term (t) needs to be one where I can say x "is a" t where x varies over the terms assets, liabilities, and owners equity.

  • Haven't really come across any unified term for the above perhaps you could consider 'Net Worth Measures' ... – Ironluca Nov 6 '14 at 9:11

I would refer to that most simply as "position". Its not perfect but I think it fits your use above.

The balance sheet is also known as the statement of financial position and it reflects the accounting equation. The balance sheet reports a company's assets, liabilities, and owner's (or stockholders') equity at a specific point in time.


Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.