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Terms in this set (21) assets. Web study with quizlet and memorize flashcards containing terms like usefulness of the balance sheet, limitations of the balance sheet, three general classifications in the balance sheet and more. Web study with quizlet and memorize flashcards containing terms like cash, cash equivalents, short term investments and more. What are the assets, liabilities and stockholders equity. Choose from 500 different sets of balance+sheet account flashcards on quizlet. Which of the following is a category, classification, or element of the balance sheet? Web study with quizlet and memorize flashcards containing terms like cash, short term investments, accounts receivable and more. The balance sheet heading will specify a. Resources owned by a business entity. Which of the following is an asset account? Only quantitative information is recorded. Another name for the balance sheet is. Click the card to flip 👆. Click again to see term 👆. Accountants consider only things that can be expressed in monetary terms. The balance sheet flashcards | quizlet. Web learn balance+sheet account with free interactive flashcards. In australia this means 'dollars and cents'. Click card to see definition 👆.