Question

A statement showing the financial position of a concern on a particular date. Answer in a word / phrase / term.

Answer 1

bro we can say it is term bczzzzz it relat to money

Answer 2

Answer:

Balance Sheet

Explanation:

A statement showing the financial position of a concern on a particular date is the balance sheet.

The Balance Sheet is a declaration in the form of assets and liabilities that demonstrates a company ' economic situation. This declaration is prepared after a Trading and Profit and Loss Account has been prepared. All private and actual account balances are converted to the Balance Sheet's assets or liabilities side.