which financial statement is dated at the moment in time when the accounting period ends?\na. income…

which financial statement is dated at the moment in time when the accounting period ends?\na. income statement\nb. balance sheet\nc. statement of retained earnings and income statement\nd. statement of cash flows

which financial statement is dated at the moment in time when the accounting period ends?\na. income statement\nb. balance sheet\nc. statement of retained earnings and income statement\nd. statement of cash flows

Answer

Brief Explanations:

The balance sheet reports the financial position of a company at a specific point in time, which is the end of the accounting period. The income statement, statement of retained earnings, and statement of cash - flows cover a period of time rather than a specific moment.

Answer:

B. Balance sheet