Another name for the balance sheet is ___________.

Statement of operations

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Statement of financial position

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Statement of financial performance

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None of these

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Solution

The correct option is B
Statement of financial position

The balance sheet is also referred to as the statement of financial position or the statement of financial condition.

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Similar questions

The balance sheet summarizes the financial position of a company for one _________

Which statement express all items of financial statement as a percentage of some common base such as total assets for balance sheet?

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