Which of the following is a snapshot of the financial positi

Which of the following is a snapshot of the financial position of a company?

Which of the following is a snapshot of the financial position of a company?

A. Balance sheet
B. Income statement
C. Statement of retained earnings
D. Cash flow statement
E. None of the above

Solution

ans)- balance sheet is snapshot of finacial position of company

the balance sheet gives clear idea of the valve of company on even date by showing what is left after if all liabilities are paid off using available funds

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Which of the following is a snapshot of the financial position of a company? Which of the following is a snapshot of the financial position of a company? A. Bal

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