Which of the following is the correct date format for the financial statement heading?
A)Balance Sheet for the Year Ended June 30, 2019
B)Income Statement at December 31, 2019
C)Income Statement for the Year Ended December 31, 2019
D)Statement of Retained Earnings at December 31, 2019

Question

Quizplus · Accepted Answer

The correct date format for financial statement headings is typically "for the year ended" or "as at" followed by the date. Therefore, options A, B, and D are incorrect as they use different phrasing. Option C is correct as it follows the standard format of "Income Statement for the Year Ended December 31, 2019."

Which of the Following Is the Correct Date Format for the Financial