Which of the following financial statements provides a "snapshot photo" of one moment in time?

Question

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The balance sheet provides a snapshot of an organization's financial position at a specific time, typically the end of a reporting period. It shows the organization's assets, liabilities, and equity at a particular moment in time. The other financial statements (income statement, statement of retained earnings, and cash flow statement) provide information about an organization's financial performance over a period (e.g., a month, a quarter, a year).

Which of the Following Financial Statements Provides a "Snapshot Photo