Part I: Statement at Financial Position The statement ofnonciot position (mice. Boionce Sheet}, reports the asseE, tia bilities, and elquit'g.r of a business enterprise at a specic date. it provides information about the nature and amounts of investments in enterprise resources, ohiigations to creditors, and the equity in net resources. =:=- it helps in predicting the amounts, timings, and uncertainty.r of future cash ows