Balance sheet accounts are one of two types of general ledger accounts. (The other accounts in the general ledger are the income statement accounts). A balance sheet is a statement of the financial position of a business which states the assets, liabilities and owner's equity at a particular point in time. The balance sheet is the most important of the three main financial statements used to illustrate the financial health of a business. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders.

Above screenshot represents the balance sheet liabilities and assets ledgers. When click on ledgers entry is opened dispaly the all information of that ledger.