mcqs bucket

  • Which of the following statement is considered as the accountant’s snapshot of firm’s accounting value as of a particular date? | MCQs Bucket

    mcqsbucket

      Best guide for exams of all nature, Competitive exams and Interviews

Which of the following statement is considered as the accountant’s snapshot of firm’s accounting value as of a particular date?

Q. Which of the following statement is considered as the accountant’s snapshot of firm’s accounting value as of a particular date?
A.
Income Statement
B.
Balance Sheet
C.
Cash Flow Statement
D.
None

Answer : Balance Sheet