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 As interest is accrued the principal will begin to grow (assuming money is not withdrawn).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.
Definition: A balance sheet is one of four basic accounting financial statements. The other three being the income statement, state of ownerâs equity, and statement of cash flows. The balance sheet uses the accounting equation (assets = liabilities + ownerâs equity) to show a financial picture of the business on a specific day. In other words, a balance sheet lists all of the assets that a company owns as well as the debts owed by the company and the ownerâs interest or ownership share in the company.