English, asked by samadhandhomse0447, 8 months ago

a balance sheet is a snapshot of a company's..... health​

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Answered by lillianmadden
0

Answer:

It is a snapshot at a single point in time of the company's accounts—covering its assets, liabilities and shareholders' equity. The purpose of a balance sheet is to give interested parties an idea of the company's financial position, in addition to displaying what the company owns and owes.

Explanation:

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