Accounting for IGCSE & O level - Final Statements (Section 6 - No. 12)
Which statement reflects the financial position of a business at a specific point in time?
Income Statement
Cash Flow Statement
Statement of Financial Position
Statement of Retained Earnings
ব্যাখ্যা
The Statement of Financial Position (Balance Sheet) provides a snapshot of a company's assets, liabilities, and equity at a particular date.