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"balance sheet" vs "balance sheets"

Both 'balance sheet' and 'balance sheets' are correct, but they are used in different contexts. 'Balance sheet' is used when referring to a single financial statement, while 'balance sheets' is used when referring to multiple financial statements.

Last Updated: March 30, 2024

balance sheet

This is correct when referring to a single financial statement.

Use 'balance sheet' when talking about a single financial statement that shows the financial position of a company at a specific point in time.

Examples:

  • The balance sheet of the company shows its assets and liabilities.
  • Please review the balance sheet before making any financial decisions.

Alternatives:

  • financial statement
  • statement of financial position
  • statement of financial condition
  • financial report
  • financial overview

balance sheets

This is correct when referring to multiple financial statements.

Use 'balance sheets' when talking about more than one financial statement that show the financial positions of different entities or at different points in time.

Examples:

  • The company provided us with three balance sheets for the past three years.
  • We need to compare the balance sheets of the subsidiaries.

Alternatives:

  • financial statements
  • statements of financial position
  • financial reports
  • financial overviews
  • financial documents

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