A balance sheet is best described as a statement of financial position. It provides a snapshot of an individual's or a company's financial condition at a specific point in time, detailing assets, liabilities, and equity.
Which is a balance sheet?
Responses
the amount of credit-card debt a person has
the amount of credit-card debt a person has
statement of financial position
statement of financial position
jewelry someone owns
jewelry someone owns
a person's total financial value
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