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A balance sheet is often described as a "snapshot of a company's financial condition". [1] It is the summary of each and every financial statement of an organization . Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time of a business's calendar year. [2]
Early life Main article: Early life of Isaac Newton Isaac Newton was born (according to the Julian calendar in use in England at the time) on Christmas Day, 25 December 1642 (NS 4 January 1643 [a]) at Woolsthorpe Manor in Woolsthorpe-by-Colsterworth, a hamlet in the county of Lincolnshire. His father, also named Isaac Newton, had died three months before. Born prematurely, Newton was a small ...