taliajohnsom6968 taliajohnsom6968
  • 01-02-2020
  • Business
contestada

Which of the following is used by both internal and external​ users? A. Chart of Accounts B. Costing Reports C. Trial Balance D. Balance Sheet

Respuesta :

andromache andromache
  • 02-02-2020

Answer:

D. Balance Sheet

Explanation:

The assets, liabilities, and stockholder equity are reported in the balance sheet. The accounting equation is shown below.

Total assets = total liabilities + stockholder equity  

The balance sheet debit and credit side should always be matched and balanced.  

In addition, it is always prepared on the date specified.

Moreover, it also used by both internal and external users to analyze the financial position of the company

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