On a balance sheet, the value of assets must equal the claim against those assets.
A financial statement that lists a company's assets, liabilities, and shareholder equity at a certain point in time is referred to as a balance sheet.
The foundation for calculating investor return rates and assessing the capital structure of a company is provided by balance sheets.
The balance sheet is a financial statement that gives a quick overview of the assets and liabilities of a firm as well as the amount of shareholder investment.
When doing basic analysis or calculating financial ratios, balance sheets can be utilized in conjunction with other crucial financial data.
Hence, on a balance sheet, the value of assets must equal the claim against those assets.
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