Your boss asks you to email a spreadsheet that shows what the company owns and what it has borrowed (owes)at a fixed point in time and shows the net worth of the business. When sending the email, you MOST LIKELY will attach the file named ________.
A)Income_Statement
B)Statement_of_Cash_Flows
C)Balance_Sheet
D)Capital_Budget

Question

Quizplus · Accepted Answer

The spreadsheet that shows what the company owns and owes at a fixed point in time and shows the net worth of the business is a balance sheet. Therefore, the best choice for the attached file would be a Balance Sheet.

Your Boss Asks You to Email a Spreadsheet That Shows