It is basically a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
To see the balance sheet of your company or an organization go to Print--> Accounting--> Financial Statement--> Balance Sheet
Notice that you can see from the report that it is showing all the asset, liabilities and owner's equity transactions in the balance sheet with their amount.