A balance sheet describes your:
A)financial position at a given point in time.
B)financial performance over a period of time.
C)financial performance at a given point in time.
D)financial goals over a specific period of time.
E)financial plans over a period of time.

Question

Quizplus · Accepted Answer

A balance sheet is a financial statement that presents a company's financial position at a specific point in time, showing assets, liabilities, and shareholders' equity.

A Balance Sheet Describes Your