What if noncurrent asset is not a subtitle I can chose from? Is there another heading I can use or do I not put it on the balance sheet? Would it then fall under investments or intangible assets?

Definition Definition Financial statement that provides a snapshot of an organization's financial position at a specific point in time. It summarizes a company's assets, liabilities, and shareholder's equity, detailing what the company owns, what it owes, and what is left over for its owners. The balance sheet serves as a crucial tool to assess the financial health and stability of a company, as well as to help management make informed decisions about its future investments and financial obligations.