A balance sheet identifies assets and claims to assets. Typically, who has claims on a companys assets?

Question:

A identifies assets and claims to assets. Typically, who has claims on a company’s assets?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...