Which of the following lists the organization's assets and liabilities?

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The balance sheet is a financial statement that lists an organization's assets, liabilities, and equity at a specific point in time. The income statement shows an organization's revenues and expenses over a period of time, while the budget and strategic plan are planning documents that may include financial projections but do not provide a comprehensive summary of an organization's assets and liabilities.

Which of the Following Lists the Organization's Assets and Liabilities