Question $1$

$1$ pts

AC$205\_04|$

Three of the four financial statements report the results of the company for a period of time $($month$,$ quarter, year$).$ One of the four financial statements reports the financial information as of a specific date $($December $31).$ Which financial statement reports the the financial information for a specific date in time?

balance sheet.

statement of cash flows.

statement of changes in owner's equity.

income statement.