Use this financial statement to answer the following question(s):

-Refer to the financial statement above.This financial statement is a(n)________.
A)income statement
B)statement of changes in shareholders' equity
C)balance sheet
D)statement of cash flows

Question

Use this financial statement to answer the following question(s):

-Refer to the financial statement above.This financial statement is a(n)________.
A)income statement 
B)statement of changes in shareholders' equity 
C)balance sheet 
D)statement of cash flows

Quizplus · Accepted Answer

The financial statement above is a balance sheet. It includes a list of the company's assets, liabilities, and shareholder's equity at a particular point in time.

Use This Financial Statement to Answer the Following Question(s)