Current assets, fixed assets, and liabilities are all part of an organization's
A) cash flow statement.
B) capital expenditures budget.
C) income statement.
D) expense budget.
E) balance sheet.

Question

Quizplus · Accepted Answer

A balance sheet summarizes an organization's overall financial worth, or in other words, its assets and liabilities, at a specific point in time.

Current Assets, Fixed Assets, and Liabilities Are All Part of an Organization's