Which of the following financial documents shows the assets,liabilities,and owner's equity for a business?
A) Cash-flow statement
B) Income statement
C) Balance sheet
D) Statement of retained earnings

Question

Quizplus · Accepted Answer

The balance sheet is the financial document that shows a company's assets, liabilities, and owner's equity at a specific point in time.

Which of the Following Financial Documents Shows the Assets,liabilities,and Owner's