Which of the following best describes the balance sheet?
  • 1It includes a listing of assets at their market values.
  • 2It includes a listing of assets, liabilities, and stockholders' equity at their market values.
  • 3It provides information pertaining to a company's assets and the claims against sources of financing for those assets.
  • 4It provides information pertaining to a company's liabilities for a period of time.
Answer:- 2
Explanation:-

Balance Sheet includes a listing of assets, liabilities, and stockholders' equity at their market values.

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