In other words, the balance sheet must balance. Subtracting liabilities from assets shows the net worth of the business A basic tenet of double-entry bookkeeping is that total assets (what a ...

Balance sheets: beware a debt mountain Just as many ... plus money-saving tips with our free twice-daily newsletter Don't miss the latest investment and personal finances news, market analysis ...

Since the onset of the financial crisis in 2007, there has been a dramatic expansion in the size of the balance sheets of the Bank of England (BOE), the European Central Bank (ECB), and the U.S.