A

Admin • 802.91K Points
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Q. Which financial statement shows a company’s financial position at a specific point in time?

  • (A) Profit and Loss Account
  • (B) Cash Flow Statement
  • (C) Balance Sheet
  • (D) Statement of Retained Earnings
  • Correct Answer - Option(C)
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  • Filed under category Accounting
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Explanation by: Admin
The Balance Sheet shows assets, liabilities, and equity at a specific date.

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