Which of the Following Financial Statements Lists the Entity's Assets,liabilities,and

question 113

Multiple Choice

Which of the following financial statements lists the entity's assets,liabilities,and owner's equity as of a specific date?

• A) Balance sheet
• B) Statement of owner's equity
• C) Income statement
• D) Statement of cash flows

---

Definitions:

Online Profile

A collection of personal data, preferences, and interests that represents an individual on a digital platform, such as social media or professional networking sites.

Privacy Settings

Controls available in digital platforms that allow users to manage who can see or access their information.

Informal Names

Casual or unofficial names given to objects, persons, or concepts, which may not be recognized in formal contexts.

Embedded Computer

A specialized computing system designed to perform dedicated functions within a larger system.