📌 [Understand it in a minute] | Balance Sheet 📊 The statement simply consists of 3 main pillars: 1 Assets: All the company's resources and possessions. 2 Liabilities: All obligations and debts owed by the company. 3 Equity: Net worth of owners and investors. 💡 The Golden Accounting Equation: Assets = Liabilities + Equity. 🎓 Accounting Simplification Series for University Students - Dr. Hassan Al-Masry. 📱 For inquiries and lessons: ( Phone number appears when clicking the contact button ) . #Accounting #Accounting_Principles #Understand_it_in_a_minute #King_Saud_University #Accounting_Students