What information does a firm’s balance sheet provide to the viewing pu

What information does a firm’s balance sheet provide to the viewing public?

A) a complete listing of all of a firm’s cash receipts and cash expenditures for a defined period of
time
B) an itemization of all of a firm’s assets, liabilities, and equity as of the balance sheet date
C) a report of investments made and their cost for a specific period of time
D) a report of revenues and expenses for a defined period of time

ANSWER

B