Stratus cloud Stratus cloud Stratus clouds are low-level clouds characterized by horizontal layering with a uniform base, as opposed to convective or cumuliform clouds that are formed by rising thermals. More specifically, the term "stratus" is used to describe flat, hazy, featureless clouds of low altitude varying in color from dark gray to nearly white. The word "stratus" comes from the Latin prefix "strato-", meaning "layer". Stratus clouds may produce a light drizzle or a small amount of snow. These clouds are essentially above-ground fog formed either through the lifting of morning fog or through cold air moving at low altitudes over
Balance sheet account payable) to the least i.e. long term debt such a mortgages and owner's equity at the very bottom. Balance sheet In financial accounting, a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as Government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a "snapshot of a company's financial