We use the following user story to understand the needs of the business users that require a balance sheet.
As an executive, I want to understand the overall financial health of the business so that I can create the necessary strategy to ensure its future.
The balance sheet is a complete analysis of a company's financial situation. It is the sum of all GJ amounts divided into three principal groups: assets, liabilities, and capital. The income statement from the previous section is a small part of the balance sheet that is classified as Retained Earnings in the capital account group. The following is an example balance sheet: