Both involve a company’s finances, but their differences are significantReviewed by Gordon ScottFact checked by Pete RathburnBalance Sheet vs. Profit and Loss Statement: An OverviewThe balance sheet ...

Some examples of off-balance sheet transactions are letters of credit ... "Leases," Page 1-2. PWC. "Financial Statement Preparation," Pages 14-2 through 14-13. U.S. International Trade Adminstration.