An example of a simple negative feedback is your body's cooling mechanism. When your body temperature rises, you begin to sweat. The evaporation of this sweat from your skin cools your body and your temperature returns to normal.n example of a simple positive feedback in everyday life is the growth of an interest-earning savings account. As interest is accrued the principal will begin to grow (assuming money is not withdrawn). As the principal grows, even more interest will be accrued, quickening the rate of principal growth.
Balance sheet - Types. 1  A balance sheet summarizes an organization or individual's assets, equity and liabilities at a specific point in time. Two forms of balance sheet exist. They are the report form and the account form.
Balance Sheet. A balance sheet also known as the statement of financial position tells about the assets, liabilities and equity of a business at a specific point of time. It is a snapshot of a business. A balance sheet is an extended form of the accounting equation.An accounting equation is: Assets = Liabilities + Equity.Assets are the resources controlled by a business, equity is the obligation of the company to its owners and liabilities are the obligations of parties other than owners. balance sheet has two formats: account form and report form. An account form balance sheet is just like a T-account listing assets on the debit side and equity and liabilities on the right hand side. A report form balance sheet lists assets followed by liabilities and equity in vertical format.