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    sl2356s Posts: 2, Reputation: 1
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    #1

    Oct 26, 2008, 10:08 AM
    Financial Statements
    Which accounting statement refers to a specific date or moment, and not to a period? Which statement reflects the financial position of a company at any given time
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    pready Posts: 3,197, Reputation: 207
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    #2

    Oct 26, 2008, 02:11 PM

    A balance sheet shows the financial position of a company at a specific point in time.

    The income statement shows the operating results of a company over a period.
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