Which of the following financial documents shows a listing of all the organization's assets and liabilities at a given point in time?
A) Balance sheet
B) Expense budget
C) Income statement
D) Revenue budget
E) Capital expenditures budget

Question

Quizplus · Accepted Answer

A balance sheet lists the assets and liabilities of an organization at a specific point in time, usually the last day of an organization's fiscal year.

Which of the Following Financial Documents Shows a Listing of All