Which of the following best describes the balance sheet? – McqOptions

MCQOPTIONS

1.	Which of the following best describes the balance sheet?
A.	It includes a listing of assets at their market values.
B.	It includes a listing of assets, liabilities, and stockholders' equity at their market values.
C.	It provides information pertaining to a company's assets and the claims against sources of financing for those assets.
D.	It provides information pertaining to a company's liabilities for a period of time.
Answer» C. It provides information pertaining to a company's assets and the claims against sources of financing for those assets.

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