Another name for the balance sheet is the

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The balance sheet is also known as the statement of financial position. It is a financial statement that reports a company's assets, liabilities, and equity at a specific point in time. The statement of cash flows is a different financial statement that reports the inflows and outflows of cash during a specific period. The statement of earnings, also known as the income statement, reports a company's revenue and expenses over a specific period, while the retained earnings statement reports changes in the company's retained earnings over a specific period.

Another Name for the Balance Sheet Is the